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TechFlow news, on January 30, according to Jinshi News, the European Central Bank lowered its deposit facility rate by 25 basis points to 2.75%, in line with market expectations, marking the fourth consecutive meeting to cut rates by 25 basis points.
The main refinancing rate and marginal lending rate were reduced from 3.15% and 3.40% to 2.90% and 3.15%, respectively.
According to Jinshi, the European Central Bank lowered its deposit facility rate by 25 basis points to 2.75%, in line with market expectations and marking the fourth consecutive meeting with a 25-basis-point rate cut. The main refinancing rate and the marginal lending rate were reduced from 3.15% and 3.40% to 2.90% and 3.15%, respectively.
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