The European Central Bank (ECB), like a bank for many countries in Europe, recently lowered its interest rates again! This means borrowing money might get a bit cheaper. They're trying to help the economy grow and control prices. However, things are uncertain.
- The ECB lowered interest rates to help the economy.
- They're not sure if they'll lower rates again next month.
- Inflation (rising prices) is still a concern.
| Fact | Number/Prediction |
|---|---|
| Current interest rate | 2.5% |
| ECB's inflation target | 2% |
| Expected time to reach target | First quarter of 2026 |
| Possible next step | Pause rate cuts or one more cut before summer. |
