The European Central Bank cuts interest rates again, with falling inflation and trade pressures as the main reasons.
Zhixin Finance APP learned that for the first time in eight months, the inflation rate fell below the 2% mark, and as the United States' tariff policy continues to impact the economy, the European Central Bank announced on June 5th a 25 basis point cut in the deposit rate to 2%, in line with general market expectations. This is the eighth rate cut by the bank since July 2024, further signaling a loose monetary policy.
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