Mortgages and savings

What happens with this cut in rates?

The European Central Bank prepares to cut for the seventh consecutive time the cost of money to bring it to 1%. But what has been and what are the effects of this maneuver on investors? While the reduction of rates represents a breath of fresh air for all those who got a loan at a variable rate, second is a disadvantage for those who had decided to park their money in bonds or deposit accounts to high efficiency. Debora Rosciani speaks to Piggy, airing tomorrow, Thursday, May 7 from 12 to 13, with Jordan Bean, Director of Investments of BNP Paribas, Maximilian Cellino, journalist and Francesca Tedeschi PLUS24 Observatory and author of Financial Blogs calculator @ comparison.

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