The European Central Bank (ECB), like a bank for countries in Europe, is about to lower interest rates again! This means borrowing money will get a little cheaper. It's like getting a small discount on a loan. This is happening because the economy isn't doing as well as hoped, and the ECB wants to help it.
- The ECB will likely lower interest rates by a small amount this week.
- There's a debate about how much more they should lower them.
- Some think they should stop lowering rates soon, while others think they should lower them more.
| Fact | Number |
|---|---|
| Expected interest rate decrease | 0.25% |
| Total decrease since June | 1.5% |
| Possible lowest rate in 2026 | 1% |
