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European Central Bank cuts key rate to lowest level in 3 years - National | Globalnews.ca

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Summary
Nutrition label

79% Informative

Inflation fell to 1.8% in September , the first time in three years that it has been below the ECB ’s target rate of 2% .

The bank's rate-setting council lowered its benchmark rate from 3.5% to 3.25% at a meeting in Slovenia .

The rate cut is its third since June and shows optimism among rate-setters over the path of inflation.

VR Score

90

Informative language

96

Neutral language

67

Article tone

semi-formal

Language

English

Language complexity

52

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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