The European Central Bank cut rates by 25 basis points as scheduled, with the three major interest rates cut to 4.25%, 3.75%, and 4.50%, marking the first rate cut since 2019, and the second central bank among G7 member countries to cut rates.
欧洲央行宣布降息25个基点
The European Central Bank has announced a 25 basis point interest rate cut.
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