Big news about money! The European Central Bank (ECB), like a giant bank for Europe, wants prices to stop going up too fast. They're trying to make things cheaper, but it's taking longer than they thought. It's all about inflation—that's when things cost more.
- The ECB lowered interest rates again.
- This means borrowing money might get a little easier.
- They think prices will only be normal by early 2026.
Fact | Number |
---|---|
Target inflation rate | 2% |
Interest rate cut | 0.25% |
Year prices are expected to be normal | 2026 |