GDP across the eurozone expanded by faster-than-expected 0.3% in Q1 2024, as growth beats forecasts
    • Laser@feddit.deEnglish
      5·
      7 months ago

      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.

      • EvilCartyen@feddit.dkEnglish
        1·
        7 months ago

        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.