ECB cuts key rate by 25 basis points, citing cooling inflation
Thursday, 5 June 2025 ()
The European Central Bank on Thursday delivered a widely expected quarter-point rate cut, lowering its deposit facility rate to 2% from a peak of 4% in mid-2023, and revised its inflation projections downward for the year. In a statement accompanying the decision, the ECB said the move was guided by its latest assessment of the […]
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