ECB cuts interest rates for sixth time since June, lowers deposit rate to 2.5%

The European Central Bank (ECB) delivered its sixth interest rate reduction since June, lowering rates by 25 basis points as widely anticipated by market analysts, bringing the deposit facility rate to 2.5%. The decision marks the fifth consecutive cut since September, as the central bank continues its measured approach to monetary policy adjustment amid an … Continue reading ECB cuts interest rates for sixth time since June, lowers deposit rate to 2.5%