Letting the interest rate is usually an instrument used when invest is too low, a growing economy however is a sign of invest going up.
Low interest rates have been a major driver for a lot of prices the last years, especially housing, so I don’t mind interest rates not coming down immediately and I don’t expect the ECB to do so when the Fed doesn’t.
I would like to see banks offer fair interest rate to customers though. There’s a huge gap currently.
Oh I know :) But I remortgaged my house and would like interest rates to come down within the next 3-4 years, plz. I was sort of counting on weak growth.
Can we have lower interest rates too?
No! Only growth
Letting the interest rate is usually an instrument used when invest is too low, a growing economy however is a sign of invest going up.
Low interest rates have been a major driver for a lot of prices the last years, especially housing, so I don’t mind interest rates not coming down immediately and I don’t expect the ECB to do so when the Fed doesn’t.
I would like to see banks offer fair interest rate to customers though. There’s a huge gap currently.
Oh I know :) But I remortgaged my house and would like interest rates to come down within the next 3-4 years, plz. I was sort of counting on weak growth.