The European Central Bank cuts interest rates by 25BP as scheduled

According to BlockBeats, on June 5th, the European Central Bank lowered its deposit mechanism interest rate by 25 basis points to 2%, in line with market expectations, marking the seventh consecutive meeting of interest rate cuts. The main refinancing rate and marginal loan rate have been reduced from 2.4% and 2.65% to 2.15% and 2.4%, respectively. (Golden Ten)