The lowest point is possibly reached. Rising interest rates could stimulate interest rates. The low interest-rate policy of the European Central Bank (ECB) might possibly soon ended. Should be economic development positive fashion in the next few months, which experts assume, and the inflation rate should attract and thus increase the interest rates for deposits and loans. The ECB interest rate is since 2009 at just 1.0 percent – a historical low. But this could be changed at the next session of the Governing Council. A higher rate would directly affect also the fixed-term deposit offers of the banks. Now, it seems that the commercial banks expect a rise again interest rates.
Just for example, the Bank has raised of Scotland the interest for their fixed-term deposits. This product had been introduced only a few weeks earlier, the adaptation may be so also to the unsatisfactory behavior of investors. But since other banks already moderate interest rate increases have made and are hardly observed interest rate cuts, are suggesting that the “Valley of tears” is once past the worst. Another indication is the expansionary fiscal policy, which can be expected from the new Federal Government. Rising government spending and a ballooning public debt usually lead to a higher inflation rate. The State will drive interest rates through its policy, which he wants to overcome the economic crisis and is trying to secure jobs, likely to to a higher level. The website regularly compares deposit offers and comparable day money offers of the most direct banks. So a quicker and current overview of the market allows the visitor to this free information site, and the decision for the individually suitable financial product easier.