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  • ECB cuts interest rate to 2.5%

Tag: ECB cuts interest rate to 2.5%

Business
  • Web Desk Karachi
  • Mar 07, 2025
ECB cuts benchmark interest rate to 2.5pc amidst weak growth, rising inflation

This reduction aligns with analysts’ expectations and will take effect from 12 March 2025. The interest rates on various facilities have also been adjusted: the deposit facility rate will decrease to 2.50 percent, the main refinancing operations rate to 2.65 percent, and the marginal lending facility to 2.90 percent.

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