Date: 5/06/2014
Source information: ECB (European Central Bank).
Evaluation: Today after more than six months the ECB has decided to "burning the last cartridge" to decrease 10 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 June will decrease, could be around 0,5%.
Note: The ECB has announced today that has reduced 0,10 the official interest rates, leaving the official price of money in the euro zone at 0,15%, the minimum historical. By the other way the Bank of England kept the rates unchanged at 0,50%.
Source information: ECB (European Central Bank).
Evaluation: Today after more than six months the ECB has decided to "burning the last cartridge" to decrease 10 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 June will decrease, could be around 0,5%.
Note: The ECB has announced today that has reduced 0,10 the official interest rates, leaving the official price of money in the euro zone at 0,15%, 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 3rd of July).
Published date: 5/06/2014 at 14:00
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