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Elena KesslernewsEuropenewsEurope

European Central Bank delivers surprise rate cut as growth stalls

Policymakers lowered the deposit rate by 25 basis points after disappointing output data from Germany and France rattled confidence in the bloc's recovery.

4 min read
Elena KesslerEurope reporter
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Photo: Unsplash

Policymakers lowered the deposit rate by 25 basis points after disappointing output data from Germany and France rattled confidence in the bloc's recovery.

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