decrease in interest rates

decrease Verb

— If something decreases, it goes down in number or value. The Australian dollar has decreased 3% against the Euro. The government has decreased the amount of money it gives to schools.

decrease Noun

— A decrease happens when the number or value of something goes down. There has been a 3% decrease in the Australian dollar against the Euro. Every year we see a larger decrease in the number of students studying foreign languages.

in Preposition

— Used to show that something is inside something else. The cat is in the box. — Used to show that someone is at home, or is available. Is John in? The Doctor is now in. — Used to show movement towards the inside. The rain came in through the window.

interest Noun

— When someone wants to know more about something or likes to do something, we say the person has an interest in it. She has a strong interest in art. She is going to go to an art school. What are your interests? — When something is important to a person, or if good things happening to the thing are good for the person, we say that the person has an interest in the thing. Because I own a house on this street, I have an interest in keeping the street clean. I'm doing this to look after my own interests. — When someone borrows money, they have to give back more money than they borrowed. The extra money they have to pay is called interest. The bank gives me two percent interest per year on the money in my account.

interest Verb

— If someone is interested, they are curious and want to find out about something. I am interested in researching flowers. Does maths interest you?

rates

— noun a local tax on property (usually used in the plural)