Interest Rates Down Again – Who Benefits Now, Who Loses
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If the ECB lowers the key interest rate, it will be cheaper for banks to borrow money, which usually leads to lower-priced loans.Euribor, the most important reference rate for variable-interest loans, is currently showing particularly clearly. Cheaper loans and loansThe Euribor three-month term is currently around 2.01 percent, after losing over one and a half percent in the last twelve months. According to forecasts, it could fall below two per…
·Bolzano, Italy
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