The European Central Bank HAS REDUCED 0,25% the official price of money LEAVING it at 0,25%

Date: 7/11/2013
Source information: ECB (European Central Bank).
Evaluation: Today after six months the ECB has decided "burning the last cartridge" to decrease 25 basic points the price of money, the Euribor will decrease in the next days due to this additional reduction.
To emphasize: The Euribor average at 12 months of  november will decrease. 
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 0,25%, the minimum historical. By the other way the Bank of England kept the rates unchanged at 0,50%.

 

(The next decision about interest rates will be the 5th of December).

 

Published date: 7/11/2013 at 19:00