The European Central Bank announced a cut in the three key interest rates in the euro area

Jinse Finance reported that on the 12th local time, the European Central Bank held a monetary policy meeting at its headquarters in Frankfurt, Germany, and decided to cut the three key interest rates by 25 basis points each. This is also the fourth interest rate cut by the European Central Bank since announcing a rate cut in June this year. According to the latest interest rate decision announced by the European Central Bank, the deposit facility interest rate has been reduced to 3.0%, the main refinancing interest rate has been reduced to 3.15%, and the marginal lending interest rate has been reduced to 3.40%.