After the ECB’s XXL rate hike: what savers need to know now – economy

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After the XXL interest rate step: what savers need to know now

Reading time: 5 mins

Illustration: Stefan Dimitrov

It is a historic turning point: the European Central Bank has raised its key interest rate by 0.75 percentage points. Completely new times are dawning for investors.

Of

Jan Diesteldorf, Stephan Radomsky, Meike Schreiber and Markus Zydra

The European Central Bank (ECB) is serious. The central bank has unexpectedly raised the key interest rate and more significantly than ever before. In the fight against currency devaluation, it also consciously accepts the threat of a recession. Anyone who saves and invests money, wants to make provisions for old age or build a house is faced with completely new questions after years of zero and negative interest rates. The SZ gives the most important answers.

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