35 days ago • Posted by Jasper Lawler

The lost decade for European savers. 10 years since the ECB last raised rates

The European Central Bank last raised rates in July 2011 - it raised two times from 0.25% to 0.75% then cut it down to zero months later. It has been ZIRP and NIRP ever since.

Chart source: @NorthmanTrader

The lost decade for European savers. 10 years since the ECB last raised rates
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