On 5 June, the ECB cut the Deposit Facility rate by 25bp to 2%, in line with market expectations for the seventh consecutive meeting. The main refinancing rate and marginal lending rate were lowered to 2.15% and 2.4% from 2.4% and 2.65%, respectively. ( gold ten )
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The European Central Bank cut interest rates by 25 BP as scheduled.
On 5 June, the ECB cut the Deposit Facility rate by 25bp to 2%, in line with market expectations for the seventh consecutive meeting. The main refinancing rate and marginal lending rate were lowered to 2.15% and 2.4% from 2.4% and 2.65%, respectively. ( gold ten )