The European Central Bank (ECB) has reduced its interest rates for the third consecutive time, now set at 3.40% for main refinancing operations, 3.65% for the marginal lending facility, and 3.25% for the deposit facility. This decision is influenced by a revised inflation rate of 1.7% in September, below the ECB's 2% target, and signs of stagnation in the eurozone economy, with growth at a sluggish 0.2%. The ECB aims to stimulate spending through lower borrowing costs amidst restrictive financing conditions. Vollständiger Artikel (Euronews.com)