The European Central Bank cut all three key policy rates by 25 basis points for the seventh consecutive time, citing easing inflation and updated economic forecasts, with the deposit facility rate now at 2.00% and further reductions in growth and inflation projections for 2025-2027.
#YonhapInfomax #EuropeanCentralBank #PolicyRateCut #Inflation #EurozoneGrowth #DepositFacilityRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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ECB Cuts All Three Key Policy Rates by 25bp—Seventh Consecutive Reduction (Update)

The European Central Bank cut all three key policy rates by 25 basis points for the seventh consecutive time, citing easing inflation and updated economic forecasts, with the deposit facility rate now at 2.00% and further reductions in growth and inflation projections for 2025-2027.

Yonhap Infomax
The ECB reduced the Deposit Facility Rate to 3.50%, from 3.75% last time, in line with forecasts. #ECB #DepositFacilityRate
The #EuropeanCentralBank (#ECB) has lowered its #DepositFacilityRate to 3.75% in June, down from the previous 4.00%. Additionally, the #ECBInterestRateDecision for June remains at 4.25%, in line with expectations.
#InterestRates #Euro