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International Business Times
International Business Times
Business
Sam Reeves with Sebastien Ash in Berlin

With Inflation Down, ECB Eyes Faster Tempo Of Rate Cuts

The ECB has been lowering rates this year as inflation eases (Credit: AFP)

The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount.

Inflation fell to 1.8 percent across the 20 members of the euro area in September, the first time it has been below the ECB's target of two percent since 2021.

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