The European Central Bank (ECB) has announced a 0.25% interest rate cut, marking the sixth consecutive reduction in its ongoing monetary easing cycle. The decision, which aligns with market expectations, lowers the main refinancing rate to 2.65%, continuing the ECB’s strategy to support economic activity in the Eurozone.
This latest cut follows the previous reduction, which brought the refinancing rate down to 2.90%. Alongside the new adjustment, the ECB also lowered the deposit rate by 25 basis points, bringing it to 2.50%. These moves reflect the central bank’s commitment to stimulating economic growth and managing inflationary pressures in the region.
The ECB’s decision comes amid a shifting economic landscape, where policymakers are carefully balancing inflation control with the need to sustain economic momentum. The Eurozone has experienced moderating inflation rates, allowing for a more accommodative monetary policy stance.
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