First Significant Relief for Borrowers through Interest Rate Cuts
December 12, 2024
The ECB's decision today to lower interest rates by 0.25% is expected to provide significant relief to borrowers. With these reductions, borrowers paying higher interest rates will see their monthly payments decrease considerably. Economists predict that rate cuts will continue into 2025. The stabilization of inflation and political crises in Germany and France underline the need for a loosening of monetary policy.