Mars Finance News, on April 17, the European Central Bank cut the deposit facility rate by 25 basis points to 2.25%, in line with market expectations, marking the sixth consecutive meeting of rate cuts. The main refinancing rate and marginal lending rate were reduced from 2.65% and 2.9% to 2.4% and 2.65%, respectively. (Jinshi)
ECB cuts interest rates by 25 basis points as expected
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