The ECB has reduced interest rates during its January meeting, with rates now at 2.75%, 2.90%, and 3.15% for various facilities effective February 5, 2025. This decision comes amid stagnation in the eurozone economy, particularly with contractions in Germany and France, leading to a GDP growth slowdown. The Governing Council aims to stabilize inflation at 2% and will base future decisions on economic data. Vollständiger Artikel (Euronews.com)