ECB President: Return to zero-rate environment unlikely
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- Опубліковано 22 сер 2024
- European Central #Bank President Christine Lagarde says it is "very unlikely" we'll see a return to a zero-rate environment during a panel at the European Central #Bank Forum. She spoke alongside #US #Fed Chair Jerome #Powell. #business #economy #money #finance #investing trib.al/FqA1ehA
0% interest rates are not good for anyone BUT this woman doesn’t care BECAUSE she has another agenda
The title is misleading a bit. The journalists says "near zero", not zero
It only gets worse. Nothing by chance or accident. Get ready for the "shock"
Zero interest rates were a consequence of global central banks buying vast quantities of debt…it was artificially created. In a functioning economy savers would demand a price to lend or they simply would hoard money without incurring the risk of lending.
Controls must be in place to borrow money. We are in debt because controls weren't satisfactory.
Controls must be in place to lend money. Wholeheartedly agree.
So theses going to be "shock". Better get out ppl.