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TechFlow news, April 17 — According to Jinshi Data, the European Central Bank lowered its deposit facility rate by 25 basis points to 2.25%, in line with market expectations, marking the sixth consecutive rate cut at successive meetings. The main refinancing rate and the marginal lending rate were reduced from 2.65% and 2.9% to 2.4% and 2.65%, respectively.
According to Jinshi Data, the European Central Bank lowered its deposit facility rate by 25 basis points to 2.25%, in line with market expectations and marking the sixth consecutive interest rate cut at successive meetings. The main refinancing rate and the marginal lending rate were reduced from 2.65% and 2.9% to 2.4% and 2.65%, respectively.
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