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Urgent: ECB lowers interest rates by 25 basis points

0 Comment(s)Print E-mail Xinhua, January 30, 2025
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FRANKFURT, Jan. 30 (Xinhua) -- The European Central Bank (ECB) on Thursday decided to lower key interest rates by 25 basis points.

After the rate cut, the interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.75 percent, 2.9 percent and 3.15 percent respectively, with effect from February 5, the central bank said in a press release. Enditem

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