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    Interest Rate Cut: ECB’s Directorate Member Mocks The Savers

    With a highly dubious argument, Benoît Cœuré, the French member of the ECB’s Directorate countered the allegations that the savers are expropriated even more by the recent interest rate cut. The ECB cut its key interest rate from 0.5 to 0.25 percent.

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Interest Rate Cut: ECB’s Directorate Member Mocks The Savers

by admin in Economy

With a highly dubious argument, Benoît Cœuré, the French member of the ECB’s Directorate countered the allegations that the savers are expropriated even more by the recent interest rate cut. The ECB cut its key interest rate from 0.5 to 0.25 percent.

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