The European Central Bank cuts interest rates by 25 basis points as scheduled

Odaily Planet Daily reported that 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 interest rate cuts. The main refinancing rate and marginal loan rate have been reduced from 2.90% and 3.15% to 2.65% and 2.9%, respectively. (Golden Ten)