1A decrease in interest rates (typically by a central bank or financial institution), often intended to stimulate the economy or reduce repayment burdens.
景気が悪化したため、中央銀行は利下げに踏み切った。
With the economy worsening, the central bank moved to cut rates.
利下げ後、住宅ローンの金利が下がった。
After the rate cut, mortgage interest rates fell.
利下げのニュースで為替相場が動いた。
The exchange market moved on news of a rate cut.