FRANKFURT, June 6 (Xinhua) -- The European Central Bank (ECB) on Thursday announced that it would cut key interest rates by 25 basis points.
The interest rate on the main refinancing operations, and the interest rates on the marginal lending facility and the deposit facility will be decreased to 4.25 percent, 4.5 percent and 3.75 percent respectively, with effect from June 12, the central bank said in a statement. ■
