The ECB lowers the species 0.25 points to 2.75 % and chains four consecutive cuts

The European Central Bank (ECB) fell on Thursday the official reference type in 25 basic points, until it has placed it with 2.75 %, which meets the predictions of the analysts by signing the fourth consecutive reduction in the official cash prize and the first of the first 2025.

The ECB board of directors, which was collected for the first time this year, has also reduced the most important financing operations (OPF) -the weekly money injections -and the convenience of credit -that the banks on a day of 2.9 and 3 respectively respectively , 15 %borrow.

The ECB continues its monetary flexibility cycle after the decrease in December, based on the evolution of inflation and its impact on the economy. Inflation is expected to return to the 2% goal in the medium term, although it will remain high due to the slow adjustment of wages and prices.

Despite the moderation of wage growth and the cushioning of the inflatory impact due to business benefits, the ECB maintains its data -dependent approach and the interest rates will adjust, depending on economic evolution. Although recent drops have reduced the financing costs, monetary policy remains restrictive due to the transfer of earlier increases.

In December, inflation in the eurozone was 2.4 % year year, which reflects the increase in fresh energy and foods. The underlying inflation remained in 2.7 %, excluding volatile factors.

Croatia (4.5 %) registered the highest inflation among the EU countries, while Ireland (1 %) had the least. In Spain, inflation rose to 2.8 %, which exceeds the European average.