The European Central Bank cut interest rates by 25 basis points as expected
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Odaily Odaily reported that in the last interest rate decision of 2024, the European Central Bank lowered the deposit mechanism rate by 25 basis points to 3.00%, which was the third consecutive meeting to cut interest rates by 25 basis points, in line with market expectations; the cumulative interest rate cut this year was 100 basis points. (Jinshi)
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