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ECB Decision: Central Bank Cuts Rates to 2.75%
Posted
January 30, 2025
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January 30, 2025
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2:07Now PlayingThe European Central Bank lowered borrowing costs by a quarter-point to 2.75%, citing a stalling economy and confidence that the 2% inflation target will be met. It's the fifth rate cut since June. Bloomberg's Lizzy Burden reports from Frankfurt.
Watch Lagarde's press conference LIVE at 245 p.m. in Frankfurt
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