European Central Bank Says Lowers Its Base Interest Rate to 2.4% From 2.65% Per Annum

NAMPA / Sputnik

2025-04-17

MOSCOW, April 17 (RIA Novosti) - The European Central Bank (ECB) said on Thursday that it has decided to lower the base interest rate to 2.4% from 2.65% per annum. "The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the monetary policy stance – is based on its updated assessment of......

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