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Eurozone escapes recession as France, Spain, Germany and Italy beat growth forecasts – business live (www.theguardian.com)

submitted 1 year ago by CAVOK@lemmy.world to c/europe@feddit.de

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[–] EvilCartyen@feddit.dk 7 points 1 year ago (2 children)

Can we have lower interest rates too?

[–] storcholus@feddit.de 5 points 1 year ago

No! Only growth

[–] Laser@feddit.de 5 points 1 year ago (1 children)

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.

[–] EvilCartyen@feddit.dk 1 points 1 year ago

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.