Thursday, 7 February 2013

The European Central Bank KEEPS the official price of money at 0,75% by 8th consecutive month

Date: 7/2/2013
Source information: ECB (European Central Bank).
Evaluation: The Euribor it's lower than official interest rates it seems that the additional reduction won't be, in this case the trend of Euribor should change to a slightly increase to achieve values around 1%.
To emphasize: The Euribor average at 12 months of February will be around 0.615% - 0.630%
Note: The ECB has announced today that has left unchanged the official interest rates, keeping the official price of money in the euro zone at 0,75% by 8th consecutive month. By the other way the Bank of England kept the rates unchanged too at 0,50%.
 
(The next decision about interest rates will be the 7th of March).
 
Published date: 7/2/2013 at 14:00


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