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TechFlow news, on March 6, according to Jinshi reports, the European Central Bank lowered its deposit facility rate by 25 basis points to 2.5%, in line with market expectations, marking the fifth consecutive meeting with a rate cut. The main refinancing rate and marginal lending rate were reduced from 2.90% and 3.15% to 2.65% and 2.9%, respectively.
According to Jinshi, the European Central Bank lowered its deposit facility rate by 25 basis points to 2.5%, in line with market expectations, marking the fifth consecutive rate cut at successive meetings. The main refinancing rate and marginal lending rate were reduced from 2.90% and 3.15% to 2.65% and 2.9%, respectively.
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