The European Central Bank has cut interest rates by 25 basis points as expected
The European Central Bank has lowered the deposit mechanism interest rate by 25 basis points to 2.5%, in line with market expectations, marking the fifth consecutive meeting of rate cuts. The main refinancing rate and marginal lending rate have been reduced from 2.90% and 3.15% to 2.65% and 2.9%, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME Group and FanDuel to Launch US Prediction Market Platform Next Month
An attacker manipulated POPCAT to attack the Hyperliquid platform, causing a loss of $4.9 million.
RootData: KAITO to unlock tokens worth approximately $2.42 million in one week
Trending news
MoreCrypto prices
More
