Thursday 4 October 2012

The European Central Bank KEPT the official price of money at 0,75% by 3rd consecutive month

Date: 4/10/2012
Source information: ECB (European Central Bank).
Evaluation: Today neither, but may be before finish the year the ECB will reduce an additional 0,25 in the interest rates.
To emphasize: The Euribor average at 12 months of October will be around 0.67% - 0.69%
Note: The ECB announced that has left unchanged the official interest rates, keeping the official price of money in the euro zone at 0,75% by 3rd consecutive month. 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 8th of November).
 
Published date: 4/10/2011 at 14:00

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