All hail super Mario
Tracker mortgage holders, exporters and bankers will love Draghi’s interest rate cuts - but what about savers?
If you’re on a tracker mortgage, send the European Central Bank President Mario Draghi flowers. He’s made your life a little easier. If you sell your stuff abroad, send Mario a gift card or a free sample. If you work in the management of a bank, fall to your knees and pray to His image, for Mario is your salvation.
The ECB this week decided to cut its three main interest rates further ...