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ECB cuts rates again by 25 bps, in line with expectations

ECB cuts rates again by 25 bps, in line with expectations

Bitget2024/10/17 12:28

The ECB cut the deposit facility rate from 3.5% to 3.25%, in line with market expectations. It also adjusted the main refinancing rate and the marginal lending rate to 3.4% and 3.65% from 3.65% and 3.9%, respectively.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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