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Reuters

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Business & Economics

ECB cuts rates for sixth time in face of economic upheaval

Reuters
Summary
Nutrition label

81% Informative

The European Central Bank cut interest rates for the sixth time in nine months on Thursday .

The central bank for the euro zone lowered the rate it pays on bank deposits by 25 basis points to 2.5% a level it saw as "meaningfully less restrictive" Germany 's move this week to increase military and infrastructure spending could stoke fresh inflationary pressures.

VR Score

92

Informative language

98

Neutral language

72

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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