Wu Blockchain (@WuBlockchain): The ECB cut the deposit facility rate by 25BPs to 2.75%, in line with market expectations. This is the fourth consecutive meeting to cut interest rate…
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The ECB cut the deposit facility rate by 25BPs to 2.75%, in line with market expectations. This is the fourth consecutive meeting to cut interest rates by 25BPs. The ECB pointed out that it will return to its medium-term target of 2% within this year.