European Central Bank lowers interest rate to 2.75% amid inflation concerns

Ynet|
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The European Central Bank (ECB) cut interest rates in the eurozone by 0.25 percentage points on Thursday, bringing the rate down to 2.75%.
This marks the fourth consecutive rate cut and the fifth since June 2024, aimed at bolstering Europe's economy. The move comes against the backdrop of rising inflation across the EU, which has reached 2.4%.
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