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%.
https://www.ilsole24ore.com/art/bce-taglia-costo-denaro-25-punti-base-tasso-depositi-3percento-AGYNbviB