The Board of Directors of the European Central Bank announced a reduction of three key interest rates by 25 basis points. These changes will take effect on April 23, 2025, and the new values will be 2.25% for deposits, 2.4% for basic refinancing operations, and 2.65% for margin lending. The regulator stressed that the process of reducing inflation is proceeding in accordance with planned expectations. According to the data, inflation, including both general and basic indicators, showed a decline in March. The decline in prices in the service sector has been particularly noticeable in recent months, which also confirms positive expectations. The ECB has stated its intention to achieve sustained stabilization of inflation at 2% in the long term. According to the latest statistics, the annual inflation rate in the eurozone countries decreased to 2.2% in March from 2.3% a month earlier.
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