The European Central Bank cuts #الفائدة 25 basis points

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♦️ The European Central Bank has lowered the deposit facility interest rate by 25 basis points to 2%, in line with market expectations, marking the seventh consecutive cut.

♦️ The main refinancing rate and the marginal lending rate have also been reduced from 2.4% and 2.65% to 2.15% and 2.4% respectively.

New core inflation forecasts from the European Central Bank:

♦️ 2.4% in 2025 and 1.9% in 2026 and 2027

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