based to some studies should be eliminated the cheap money. according to the CEO of the German bank added that it is a competitive disadvantage for the banking, since it weighs the profitability. These are just some of the ECB's measures to revitalize the eurozone economy as a result of the global financial crisis. In addition, investors have sold dollars and bought euros after becoming more optimistic about the growth prospects of the eurozone. In short Cheap money is good for borrowers, but it is bad for investors, who will see the same low interest rates on investments such as savings accounts, money market funds, CDs and bonds.
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ReplyDeletebased to some studies should be eliminated the cheap money. according to the CEO of the German bank added that it is a competitive disadvantage for the banking, since it weighs the profitability. These are just some of the ECB's measures to revitalize the eurozone economy as a result of the global financial crisis.
ReplyDeleteIn addition, investors have sold dollars and bought euros after becoming more optimistic about the growth prospects of the eurozone.
In short Cheap money is good for borrowers, but it is bad for investors, who will see the same low interest rates on investments such as savings accounts, money market funds, CDs and bonds.