The European Central Bank has reduced again the official interest rates in 50 basic points, and leave the official price of money at 1,50%

Date: 5/3/2009
Source information: ECB (European Central Bank).
Evaluation: Very positive, with the current official interest rate the Euribor (at 12 months) will continuous decreasing to arrive to this range: 1,65-1,85
To emphasize: The Euribor average at 12 months of March will be around 1.9%
Note: The ECB has announced today that has reduced the official interest rates another 50 basis points, leaving the official price of money in the euro zone at 1,50%. In the same way the Bank of England also has reduced the price of money 50 basis points, leaving the price of Pound at 0,50%.

Published date: 5/03/2009 at 14:00