The Governing Council of the ECB decided today to reduce the interest rate on deposits at the central bank by 25 basis points. The interest rate on deposits at the central bank will therefore be reduced to 3.50%, while the interest rates on the main refinancing operations and the marginal refinancing operations will be reduced […]
Tag: Taxi
Mortgage Rates Fall, Market Won’t Wait: What Happens to New Loans
The long-awaited rate cut, after ten months of calm, is still at most a month or two away, unless there is a sensational turnaround. However, something is already moving, to the delight, so to speak, of those who have a mortgage. In fact, in March, interest rates on loans granted during the month to families […]
Cheaper mortgages and lower repayments: How long will it last?
An increasing number of Italians are afraid of sudden changes in their mortgage payments. Young couples and families, as well as singles, are trying to understand how the mortgage market may change in 2024 to avoid unpleasant surprises. It all starts with the ECB’s interest rate decisions. But now that the Frankfurt institute seems to […]
Messina (Intesa Sanpaolo): Interest rates fall in the second half of 2024
Inflation and interest rates. Public accounts and debts. Growth prospects and inequalities. The next 12 months for the bank that has been in power for 10 years. The opportunity to kick off the World Economic Forum (Wef) in Davos, Switzerland was seized by Carlo Messina, CEO of Intesa Sanpaolo, to express his expectations and judgments […]
Messina (Intesa Sanpaolo): Interest rates fall in the second half of 2024
Inflation and interest rates. Public accounts and debts. Growth prospects and inequalities. The next 12 months for the bank that has been in power for 10 years. The opportunity to kick off the World Economic Forum (Wef) in Davos, Switzerland was seized by Carlo Messina, CEO of Intesa Sanpaolo, to express his expectations and judgments […]
Mortgage rates start to fall: the market anticipates the ECB
The first to make the prediction was the president of ABI, Antonio Patuelli, who in an interview a few weeks ago with Corriere della Sera explained that «the market anticipates Frankfurt and the effects of a future easing of monetary policy are beginning to be seen. .” Thus, after rapid interest rate increases by the […]
It’s impossible to take a taxi: All eyes are on Monday, January 8
Many offices are closed these days, we are in the middle of the Christmas holidays, which, like every year, puts problems and emergencies on hold. Overlooked, at least for now, is the taxi emergency. Although the queue times at the airport are constant even on these holidays. However, it is very likely that the white […]
The first European law on drivers: what it provides
After a two-year process, Brussels has given the (almost) definitive green light for the first European law on digital workers such as passengers on online platforms or taxi drivers. The aim is to guarantee more rights to these workers, especially social rights, by combating primarily the phenomenon of fake VAT numbers, that is, workers who […]
Dark year for mortgages, rates still high. No gift from Lagarde
It is very likely that Christine Lagarde will not make a first rate cut under the Italian tree. What a shame, because it would have been a nice gift, especially now that inflation is falling, ticking the list of alibis in favor of the Eurotower. And the Federal Reserve will also be delaying, as it […]
Mortgages, good news: rates could fall again
After a mad dash to stop inflation, interest rates could fall again and, within a year, mortgage payments, now a deterrent, could fall even further. The interest rate, currently set at 4.50% by the European Central Bank (ECB), could return to 3% in 2024 with three cuts of 50 basis points each, Deutsche Bank economists […]