International Economic

European Central Bank cuts interest rates

By Abigail Townsend

Date: Thursday 05 Jun 2025

(Sharecast News) - The European Central Bank cut the cost of borrowing on Thursday, as widely predicted, after inflation dipped below target.


The Eurozone's central bank trimmed its key deposit facility rate by 25 basis points to 2%, the eighth reduction in the current cutting cycle.

It...

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