Thursday 4 June 2009

The European Central Bank, as expected, has left unchanged the official price of money at 1,00%

Date: 4/6/2009
Source information: ECB (European Central Bank).
Evaluation: Positive, because if needed in the future could be reduced a little bit more, with the current official interest rate the Euribor (at 12 months) will be in this range: 1,45-1,65
To emphasize: The Euribor average at 12 months of June will be around 1.615%
Note: The ECB has announced today that has left unchanged the official interest rates, 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 unchanged too at 0,50%.
 
Published date: 4/06/2009 at 14:00

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