ECB cuts the price of cash by 25 foundation factors, deposit price at 3% | EUROtoday

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The December assembly

The ECB, for the fourth time because it started chopping charges final June, reduces the price of cash with a 25 foundation level minimize. The central financial institution communicates this. The price on deposits thus falls to three%, the speed on foremost refinancing operations to three.15%, and the speed on marginal loans to three.40%.

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