The European Central reduces the interest rate by 0.25 points

The European Central Bank reduced the interest rate in the euro area by 0.50 percent percentage to 2.5%, despite the continued ambiguity caused by the fee policy adopted by US President Donald.
Economists had expected this step, after the inflation rate decreased to 2.2% last March, that is, it approached the target set by the European Central Bank, which is 2%.

Lower

Reducing the interest rate can be a positive matter for the faltering euro area economy, which is under pressure from the expanded fees taken by Trump.
Despite the temporary endowment for a period of 90 days on the imposition of 20% fees on the imports of the European Union, new basic fees are still applied by 10% on international imports, in addition to 25% fees on cars, steel and aluminum.

The bank’s main deposit rate- which affects borrowing costs for banks and savers in the euro area, is the seventh since June 2024.
The European Central Bank said in a press statement that “the process of reducing the inflation rate is proceeding in the right track”, as the basic inflation rate is approaching about 2% after years of price rises in the wake of the Corona’s pandemic.