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ECB opens rate-cutting cycle, cuts rates by 25 bps as expected

ECB opens rate-cutting cycle, cuts rates by 25 bps as expected

Bitget2024/06/06 12:33


The ECB cut interest rates by 25 basis points as expected, reducing the three main interest rates to 4.25%, 3.75%, and 4.50% respectively, the first cut since 2019 and the second central bank among G7 members to do so.

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