Thursday 7 May 2009

The European Central Bank has reduced again the official interest rates in 25 basic points, and leave the official price of money at 1,00%

Date: 7/5/2009
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: 1,35-1,55
To emphasize: The Euribor average at 12 months of May will be around 1.67%
Note: The ECB has announced today that has reduced the official interest rates another 25 basis points, as expected, leaving the official price of money in the euro zone at 1,00%. By the other way the Bank of England keep the rates unchanges at 0,50%.
 
Published date: 7/05/2009 at 14:00
 

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