ECB Cuts Policy Rate by 0.25% Amid Trump Tariff Pressure to 2.5% Annual Rate
Under the tariff pressure from U.S. President Donald Trump, the European Central Bank (ECB) lowered its policy interest rate to 2.5%.
On the 6th (local time), the ECB held a monetary policy meeting and cut the deposit rate by 0.25 percentage points from 2.75% to 2.5% per annum.
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The ECB operates its monetary policy mainly around the deposit rate. Since the ECB pivoted its policy direction in June last year, the deposit rate has been lowered by a total of 1.5 percentage points from a high of 4.0% to 2.5%.
This content was produced with the assistance of AI translation services.
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