Euribor 3-month rate set to increase further
Euribor 3 month and Euribor Swap Rates Continue to Climb The European Central Bank (ECB) has raised interest rates by 425 basis points since last summer to 3.75%, the highest level since 2009. The 3-month rate, which influences the pricing of variable rate loans, is at 3.701% – the last time it was at this […]
ECB raises rates by 0.5% and market forecasts another 1.0% before Christmas
ECB surprises with 0.5% move but more on the way The European Central Bank (ECB) raised interest rates by a larger than expected 0.50% at last Thursday’s policy meeting and also flagged that more rate hikes are also on the way. President Lagarde said after the meeting that rates will keep moving higher as long […]
Interest Rates to Rise?
Record rise inflation increases pressure on ECB to raise rates Inflation hits 7.5% in March Annual inflation in the Eurozone surged to 7.5% in March. Up from 5.9% in February, this is the 5th straight month in a row where Eurozone inflation has hit a record high. Yet, despite facing the biggest inflationary shock since […]