[HIGHLIGHTS] Trend reversal before interest rate cuts: Get “real” returns with fixed-term deposits

Trend reversal before interest rate cuts: Get “real” returns with fixed-term deposits. As of: March 28, 2024, 5:19 a.m By: Olivia Kowalak CommentsPressSplit Since inflation broke out, banks have had to compete for every customer.

The key interest rate has now reached a historic high of 4.5 percent since the Lehman crisis in 2008 in order to reduce the inflation that has broken out since the corona pandemic. The ECB's goal is an inflation rate of 2 percent in the euro area.