The ECB cuts rates by 0.25%, the Yield of the EUR Savings Portfolio to 3.10%
The ECB cuts interest rates by 0.25% On Thursday 12/09, the European Central Bank lowered its official interest rates by 0.25%, lowering the deposit facility rate from 3.75% to 3.50%. The latest data for the eurozone put inflation at 2.2% year-on-year, not far from the European Central Bank’s 2% target. The ECB’s latest projections indicate…
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