The European Central Bank cut interest rates by 25BP as scheduled.
2025-06-05 12:16:44
The European Central Bank cut the deposit facility rate by 25 basis points to 2%, in line with market expectations, for the seventh consecutive meeting. The main refinancing rate and the marginal lending rate were cut from 2.4% and 2.65% to 2.15% and 2.4% respectively.
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