The European Central Bank has lowered key rates.

The ECB has lowered interest rates

The European Central Bank (ECB) has decided to lower interest rates by 25 basis points. The updated rates are as follows: refinancing rate - 2.15%, deposit rate - 2%, marginal lending rate - 2.40%. These changes will take effect from June 11, 2025.

The ECB has also updated its inflation forecasts for the eurozone. According to the bank's new forecasts, overall inflation is expected to be at 2.0% in 2025, 1.6% in 2026, and 2.0% in 2027. The forecasts have been adjusted by 0.3%, which is related to the expected decrease in energy prices and the strengthening of the euro.

This decision by the ECB reflects the updated inflation forecasts and is aimed at supporting economic development amid changing market conditions.

The ECB has lowered interest rates by 25 basis points, which will strengthen the euro and is expected to lead to a decrease in energy prices in the eurozone, promoting economic development amid changing market conditions.