ECB Cuts Interest Rates to Boost Economy Amid Easing Inflation
ByAinvest
Thursday, Jun 5, 2025 8:28 am ET1min read
ECBK--
The European Central Bank (ECB) has cut its key deposit rate by a quarter of a percentage point to 2%, leaving it at half the level of a year ago. The main lending rate has also been reduced by a quarter of a point to 2.15%. Economists expect another rate cut in September to 1.75%, as inflation continues to ease.
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