Second consecutive reduction in interest rates by 25 basis points by the European Central Bank

Inflation and the Eurozone economy fell more than expected in September

In the second consecutive decrease of interest rates by 25 basis points (a quarter of a percentage point), after that of September, the European Central Bank as inflation and the Eurozone economy eased more than expected in September.

This is the third decrease since June. The deposit rate is now set at 3.25%, he told APE BEE.