The European Central Bank cut interest rates by 25 basis points, in line with market expectations
2025-03-06 13:20:29
According to Jin Ten, the European Central Bank cut the deposit mechanism rate by 25 basis points to 2.5%, in line with market expectations, for the fifth consecutive meeting. The main refinancing rate and the marginal lending rate were cut from 2.90% and 3.15% to 2.65% and 2.9% respectively.
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