Thursday, 8 December 2011

AS EXPECTED: The European Central Bank HAS REDUCED 0,25% the official price of money LEAVING at 1,00%

Date: 8/12/2011
Source information: ECB (European Central Bank).
Evaluation: The price of money will close the year at the same level as started at 1%. The Euribor will decrease in the next days.
To emphasize: The Euribor average at 12 months of December will be around 1.953% - 1.978%
Note: The ECB has announced today that has reduced 0,25 the official interest rates, leaving the official price of money in the euro zone at 1,00%. By the other way the Bank of England keep's the rates unchanged too at 0,50%.
 
(The next decision about interest rates will be the 12th of January).
 
Published date: 8/12/2011 at 19:00
 


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