[theold]

The European Central Bank (ECB) has made its second consecutive rate hike (and the most aggressive in its history) to combat inflation, which has already reached 9.1% in the eurozone , after the hike applied at its July 50 basis points. The monetary authority has chosen , on this occasion, to increase the price of money from 0.5% to 1.25% . 

A decision that is in line with what was forecast by the experts, who expected a rise of 75 basis points when a few days ago their forecast was 50.

https://www.elconfidencial.com/economia/...n_3487431/

[Tangsen]

Thats it more retrenchment liow…. companies no more cheap money to support poor biz model

[singlon]

singlon is shivering now
a debt based system needs lower not higher rates
Banks CASH needs increased deposits' rate rises
has to encourage dat singlon to borrow more by lowering costs for him.
I have to send him a blank cheque. chut amt sign and deposit 2pm money ready.

[singlon]

manager:
i have sent singlon another letter
step123 b4 cross border
we give 8% cash back if he uses his credit card
done