For Moody’s the institutions of Italy, Spain and Portugal are the ones that will benefit most because here the share of variable rate loans is higher
by Luca Davi
The key points
- We start on the right foot
- The effects of record rates
- The spread risk and the cost issue
–
After more than a decade of negative or low interest rates, the wind on rates has changed. The move launched on Thursday by the European Central Bank, with a 75 basis point hike in reference rates, confirmed the decisive change of course undertaken in July. And the intentions of Frankfurt, although still to be clearly decrypted in the modalities, nevertheless suggest the desire to decisively reduce inflation expectations to the 2% target.
For the banks of the Old Continent, not even …
—
Related posts:
The events revealed a side of the country that is not talked about
- 2024-04-24 01:06:56
Get ready, BRI will distribute dividends of IDR 26.4 trillion
Another myth spread by opponents of electric cars has been busted. Overloading and collapses of ene...
Walmart launches to sell used clothing for the first time in its history