Den Danish central bank Nationalbanken lowers the interest rate by 0.25 percentage points from 1.85 to 1.60 percent.
”The interest rate reduction is a result of the European Central Bank (ECB) lowering its monetary policy reference rate by 0.25 percentage points,” Nationalbanken writes in a press release.
ECB's decision on Thursday to lower the most important interest rate, the deposit rate, to 2.0 percent was made against the backdrop of uncertainty surrounding the US's tariff policy, which is expected to slow down investments and household consumption, according to the bank.
