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Final battle of 2024: The European Central Bank cuts interest rates by 25 basis points as scheduled

Final battle of 2024: The European Central Bank cuts interest rates by 25 basis points as scheduled

Bitget2024/12/12 13:16
BTC-1.69%

On December 12, the last interest rate decision of 2024, the European Central Bank lowered the deposit mechanism interest rate by 25 basis points to 3.00%. This is the third consecutive meeting where they have reduced rates by 25 basis points, in line with market expectations; a total reduction of 100 basis points within the year.

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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