ECB Cuts Key Interest Rates by 25 Basis Points for Sixth Consecutive Time

Today, the European Central Bank (ECB) implemented its sixth consecutive interest rate cut, reducing key rates by 25 basis points to address the rising economic challenges in the eurozone. This includes lowering the deposit rate to 2.25%, main refinancing operations rate to 2.4%, and marginal lending facility rate to 2.65%. The ECB’s rate cut occurs […] The post ECB Cuts Key Interest Rates by 25 Basis Points for Sixth Consecutive Time appeared first on Coin Edition.