ECB maintains interest rate at 4.50% but for how long?
History of prior EU Rate pauses:
4 months | Oct 00 - Apr 01
12 months | Jun 07 - Jun 08
3 months | Jul - Oct 2011
4 months | Sept 2023 - Present ⏳SO FAR⏳
At least they could say that this is not the shortest one ever now that we are into month 4.
Historical Average: 6 months (March 2024)
Interestingly this is when the Bank Term Funding Program in the US is ending which was providing liquidity to the banks. It might be a case of one foset gets turned off and another gets turned on.
PUKA
4 months | Oct 00 - Apr 01
12 months | Jun 07 - Jun 08
3 months | Jul - Oct 2011
4 months | Sept 2023 - Present ⏳SO FAR⏳
At least they could say that this is not the shortest one ever now that we are into month 4.
Historical Average: 6 months (March 2024)
Interestingly this is when the Bank Term Funding Program in the US is ending which was providing liquidity to the banks. It might be a case of one foset gets turned off and another gets turned on.
PUKA
