Home » Business » ECB Expected to Tighten Interest Rates Amid Inflation Concerns: Why Long-term Fixed Interest Loans Are Worth Considering

ECB Expected to Tighten Interest Rates Amid Inflation Concerns: Why Long-term Fixed Interest Loans Are Worth Considering

It was only in June that the European Central Bank (ECB) raised the key interest rate for the last time: to a whopping four percent. And on Thursday of this week, interest rates will probably continue to be tightened to combat inflation. It is likely to be another 0.25 percentage points up.

Michael Neumann from the credit broker Dr. Small. And: You can read with BILDplus why loans with long-term fixed interest rates make sense right now.

2023-07-25 08:43:05
#interest #rate #increase #longterm #construction #loans #worthwhile

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