ECB cuts rates by 25 bps as expected
On January 30, Gold Ten reported that the ECB cut the deposit facility rate by 25BP to 2.75%, in line with market expectations and the fourth consecutive meeting of a 25BP rate cut.
The main refinancing rate and marginal lending rate were lowered from 3.15% and 3.40% to 2.90% and 3.15% respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Trending news
MoreCrypto prices
More
