International Economic

ECB cuts rates to 3.25%, as expected

By Michele Maatouk

Date: Thursday 17 Oct 2024

(Sharecast News) - The European Central Bank cut interest rates on Thursday for the third time this year, as expected.
The Bank cut its benchmark deposit rate to 3.25% from 3.5%.

It said: "The decision to lower the deposit facility rate - the rate through which the Governing Council steers...

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