The European Central Bank has cut interest rates by 25 basis points, in line with expectations

ChainCatcher news, according to Jinshi reports, the European Central Bank has cut interest rates for the second time during the cycle, lowering the deposit facility rate from 3.75% to 3.50%, the lowest since June 2023, in line with market expectations.

As of September 12, the European Central Bank's main refinancing rate in the Eurozone is 3.65%, expected at 3.65%, with a previous value of 4.25%.

As of September 12, the European Central Bank's deposit facility rate in the Eurozone is 3.5%, expected at 3.50%, with a previous value of 3.75%.