Savers at risk as rates edge lower
ECB rate cuts would help borrowers, but savers face lower returns anyway, writes Emma Kennedy, Personal Finance Correspondent.
The possibility of further easing by the European Central Bank (ECB) will mean a shift in the interest rate environment for savers, investors, borrowers and lenders alike.
Markets move on perception, and so any hint that rates might face the chop will mean changes both in demand for financial products and in how they are priced.
In particular, the trend towards easing rates and the unusually high rates which have been paid to savers here...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine