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this post was submitted on 30 Apr 2024
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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.
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.