Wu Blockchain (@WuBlockchain): The ECB cut the deposit facility rate by 25 basis points to 2.25%, in line with market expectations, marking the sixth consecutive rate cut. The main…
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The ECB cut the deposit facility rate by 25 basis points to 2.25%, in line with market expectations, marking the sixth consecutive rate cut. The main refinancing rate and marginal lending rate were lowered from 2.65% and 2.9% to 2.4% and 2.65%, respectively.