ECB lowers key interest rates by 25 basis points: what it means for markets

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The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As a result, the interest rates on the deposit facility, major refinancing operations, and marginal lending facility will be reduced to 2.75%, 2.90%, and 3.15%, respectively, beginning February 5, 2025. This decision is primarily focused on lowering […]

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