Jump to content
House Price Crash Forum
Sign in to follow this  
interestrateripoff

Ecb Cuts Eurozone Interest Rate To New Record Low Of 0.5%

Recommended Posts

http://www.bbc.co.uk/news/business-22369765

The European Central Bank (ECB) has cut its benchmark interest rate to a new record low amid ongoing worries about the eurozone's economic health.

The widely-expected cut to 0.50% from 0.75% is the first in 10 months.

Worries about eurozone economies were underlined on Thursday with data showing manufacturing activity across the 17-nation bloc shrank in April.

A sign that the Euro banking system is about to collapse again?

Share this post


Link to post
Share on other sites

Draghi is taking about unconventional measure most commentators say negative interest rates coming in the near future, a very dangerous man that needs removing from his role imo

Edited by papag

Share this post


Link to post
Share on other sites

Precious little movement of GBP/EUR though. That tells you something.

Both "F"ed!

Every time I search such terms as FF and double dipped I come across websites which have nothing to do with finance.

Keeps me amused for hours! :blink::lol:

Share this post


Link to post
Share on other sites

I am not sure the German Bundesbank would be happy at this news! Germany will get inflation!

THROWING FUEL ONTO THE FIRE

OH YES. Germany will get its house price bubble. Resistance is futile, my Krautish friends.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.