ECB Interest Rate Reduction: Relief for Borrowers
May 19, 2025
The ECB is expected to lower the key interest rate to 2% in June, providing significant relief to borrowers. The euribor interbank rates will be affected, benefiting those with variable interest loans. This reduction could stimulate the loan market and help banks recover revenues. While there are borrowers with fixed rates who won't be affected, the overall trend favors renewed economic activity.