no speedy adjustments in lending are anticipated after the ECB price reduce

“Due to this fact, it will be significant how shortly the ECB’s subsequent steps comply with. If monetary market forecasts come true and the ECB lowers rates of interest at the very least a couple of times earlier than the tip of the 12 months, the EURIBOR will almost definitely proceed to say no regularly and strategy 3% by the tip of the 12 months.