Economy

Debt crisis threat expected to lead central banks to pause interest rates

With inflation rising but concerns mounting over debt sustainability in the Eurozone, the European Central Bank (ECB) is expected to pause interest rate hikes during its meeting this Thursday, 29 October, to assess economic stability.

Why it matters

If you have a variable-rate mortgage or a floating-rate loan, this pause could temporarily stabilize your monthly repayments, though it depends on the ECB's broader policy shifts in the coming months.

Público· 3h agoRead original ↗

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