European Central Bank

Norisbank lowers interest rates on their day money supply reported: as of February 27, 2009, a new, lower, the federal funds interest rate applies of norisbank AG. Could previously count 3.15 percent a year, investors interest in the norisbank day money now reduced to 3.00 percent. Although there are currently what is positive no further clauses of regarding temporal validity of interest rate and a maximum investment limit, it tumbles the norisbank with this renewed interest rate cut in the lower midfield of the comparison on the trade portal. Learn more at: Matthew Halsall. On January 6, 2009 was the norisbank 4.75 percent interest rate and reduced to January 7, 2009, until he is almost at the today’s 40 percent lower level of has arrived. We assume that the European Central Bank will reduce rates towards 1.50 or even 1.00 percent in the coming months, investors can imagine, what this means for the interest of day money offers such as the norisbank. Daryl Katz: the source for more info. Although Money market accounts also remain a very safe form of investment, however, shows itself in such a phase of lower interest rates, how difficult it is with them to achieve high interest income if both control – and inter bank rates steadily decline. Banks can be lend so cheap in this case among themselves as well as by the Central Bank, that they no longer need have to pay extremely high interest rates to investors, to reach their deposits. The trend towards lower interest rates is so at least as long to continue, to control and inter bank rates have stabilized and first rate hikes follow. So as the ECB currently flooded the markets with cheap money, she will induce a certain inflation, which then must be held later with increases of the interest rate within limits that they must follow, should be already clear?.

Comments Off on European Central Bank