Many investors are completely unaware just how much interest borrowers pay in certain countries. The reality is that rates are closer to ten percent in places where there is not a lot of international demand, forcing sovereign states to maintain higher rates to be able to attract capital. Continue reading “Dealing with interest rate divergence”
Tag: ECB
European Central Bank (ECB)
About face!
Central bankers have quickly pivoted to favour policies aimed at supporting the economy, notwithstanding their prior aim to raise interest rates over time. European Central Bank (ECB) President Mario Draghi Continue reading “About face!”
European Central Bank update #2
At its meeting in Riga, Latvia yesterday (June 14, 2018), the Governing Council of the European Central Bank (ECB) undertook a careful review of the progress towards a sustained adjustment in the path of inflation, also taking into account the latest Eurosystem staff macroeconomic projections, Continue reading “European Central Bank update #2”
European Central Bank update
Today (April 26, 2018), European Central Bank (ECB) President Mario Draghi voiced the following comments after the ECB governing council’s interest rate decision (the existing policy remains unchanged) in Frankfurt, Germany: Continue reading “European Central Bank update”
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