Winners and losers of interest rate hikes

Winners and losers of interest rate hikes

Few were betting on a rise in interest rates of this depth, double what was announced. The decision of the European Central Bank (ECB) to raise key rates by 50 basis points, up to 0.5%, will have an effect on the euribor and, therefore, in the financing cost of some 4.1 million variable-rate mortgages referenced …

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