Euskaraz irakurri: Euriborra hiru hamarren jaitsi da, SVBren hondamendiak eragin dezakeen finantza krisiaren beldur

The 12-month Euribor, the index to which most variable mortgages in the Spanish State are referenced, has fallen this Tuesday to 3.509% at your rate dailyalthough the monthly rate is still above 3.8%.

Between March 1 and 9, the daily evolution of the Euribor had maintained its upward trend, reaching a maximum since November 2008, standing at 3.978%. However, on Friday March 10, the indicator started to dropcoinciding with the first alarm signals related to Silicon Valley Bank (SVB).

This debacle has caused investors to start anticipate changes in the direction of rate hikes by central banks, mainly the Fed and the European Central Bank (ECB). Regarding the United States, for example, Goldman Sachs predicted yesterday that the Fed will not raise interest rates at the meeting that the US central bank will hold next week, although it will be pending the CPI data for February that will be published today. in the American country.

In this way, the situation has been transferred to the Euribor, an indicator that reflects the expectations of the next steps that the ECB can take in its monetary policy in terms of interest rate increases, a decision that will be announced this Thursday.

Meanwhile, the index was located this Tuesday at 3.509%, compared to 3.858% that it marked yesterday and 3.908% last week. However, the monthly average remains at 3.8401%, above the 3.534% registered in February.

Source: Eitb

Alia

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