The widely anticipated decision, which was unanimously agreed by the ECB’s 26 rate-setters, takes the benchmark rate in the 20 countries that use the euro to 3.5%, from 3.75% previously.
The European Central Bank (ECB) announced on Thursday that it lowered the interest rates on the marginal lending facility to 3.9% from 4.5% and the deposit facility, also known as the benchmark ...