For the second time in the current cycle of monetary policy easing, the European Central Bank cut interest rates, confirming market expectations. In particular, as stated in the relevant announcement, the Board of Directors decided today to reduce the interest rate on the deposit acceptance facility – the interest rate through which it gives the … Read more
This year’s Jackson Hole symposium has a special feature, as it takes place in the middle of the election season. And the election is undoubtedly a big challenge for independent central banks. This is because the monetary policy makers cannot on the one hand prejudge the outcome, and on the other hand know what the … Read more
One of the worst aspects of the Spanish economy in recent years has been the rise in mortgage prices, which has led to growing concern about the ability of families to maintain their homes. With this situation, the governmenttogether with various financial institutions, has implemented a series of support and relief measures aimed at mortgage … Read more
he is euriborthe reference index for most Variable mortgages sold in Spain, continues to cause headaches for many families. This Thursday, August 8, The index rises slightly again, reaching 3.202% (+0.010), moving away from the historical levels it had achieved in 16 months, with 3.138%, where mortgage holders who review their credit with the figure … Read more
Frankfurt. The European Central Financial institution on Thursday stored rates of interest unchanged, as anticipated, and gave no clues about its subsequent transfer, arguing that home value pressures stay excessive and inflation will stay above its goal properly into subsequent yr. The ECB minimize rates of interest from document highs final month, in a transfer … Read more
The president of the European Central Financial institution, Christine Lagarde, left her papers closed as as to whether she’s going to proceed to discount of rates of interest on September 12, when the Board of Administrators of the Central Financial institution is predicted to satisfy once more. The European Central Financial institution determined at at … Read more
he’s euriborthe reference index for many Variable mortgages bought in Spain, continues to trigger complications for a lot of households. This Tuesday, nonetheless, the index falls six thousandths in comparison with the proportion it reached final Monday at 3.599%. On March 5, it reached its annual excessive of three.751%, however since then it has been … Read more
Mexico Metropolis. The Mexican peso operates unstable at first of this Thursday’s session in American markets. The Mexican forex depreciates 0.40 % and is listed in the marketplace spot at round 17.5607 items per greenback. In accordance with knowledge from Monex, the peso is the sixth rising forex that presents the best losses in opposition … Read more
Frankfurt. The European Central Financial institution (ECB) minimize its charges this Thursday for the primary time since 2019, though it elevated its inflation projections and warned that the approaching months might be “hectic” and with little visibility when it comes to worth will increase. The Frankfurt-based establishment diminished its deposit price by 1 / 4 … Read more
Houston. Oil costs rose about 2 % on Thursday because the European Central Financial institution’s (ECB) determination to chop rates of interest raised hopes that the US Federal Reserve (Fed) will implement the same measure. The European benchmark Brent contract rose 1.46 {dollars} (1.86 %) to 79.87 {dollars} a barrel. The US West Texas Intermediate … Read more