Cap on van els tipus? : Perspectives i condicionaments de l'interès

Authors

  • Ferran Sicart i Ortí

Abstract

It is very difficult to answer the question of where interest rates are heading, because so many factors influence their evolution. Current levels are very low in a historical context, especially in the USA, so that further reductions seem unlikely. In Europe interest rates are conditioned by the requirements of the stability pact so the European Central Bank is unlikely to reduce them further.

Published

2004-07-27

Issue

Section

Articles