Saturday, Jun 7 2025 | Time 03:17 Hrs(IST)

UNI Photo

FRANKFURT, June 6, 2025 (UNI/Xinhua) -- The European Central Bank (ECB) President Christine Lagarde speaks during a press conference at the ECB headquarters in Frankfurt, Germany, June 5, 2025. The ECB on Thursday made another rate cut of 25 basis points and revised its inflation forecast down in its latest staff projection. The rate on the deposit facility has been brought down to two percent, and the rates on the main refinancing operations and the marginal lending facility have been cut down to 2.15 percent and 2.4 percent, respectively. UNI PHOTO-9F