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The European Central Bank cut interest rates by 25 basis points, in line with market expectations."

According to online reports, according to Jin Shi, the European Central Bank lowered the deposit mechanism interest rate by 25 basis points to 2.5%, in line with market expectations and the fifth consecutive meeting to cut interest rates. The main refinancing rate and marginal lending rate were lowered from 2.90% and 3.15% to 2.65% and 2.9%, respectively.

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