What the rate hike means in everyday life

What the rate hike means in everyday life

Never before has the ECB raised interest rates as much as it is today. It is questionable whether the monetary watchdogs will be able to curb record inflation quickly. Consumers will still feel the consequences clearly. It is a historic decision: the European Central Bank (ECB) has increased the key interest rate for the euro area by 0.75…

What is an Investment Objective and How to Create It?

What is an Investment Objective and How to Create It?

An investment objective (in terms of personal finance) is considered to be an assumption that is served by a specific portfolio created for the financial needs of an individual or client of an investment advisor. Once the objective is established, it will determine what particular asset classes and types of collateral are needed to achieve…

Rising producer prices: Inflation harbinger at a record high

Rising producer prices: Inflation harbinger at a record high

Manufacturers’ prices in the eurozone are rising faster than ever. This increases the pressure on the European Central Bank to raise interest rates very significantly in the coming week. Producer inflation in the eurozone has intensified. In July, producer prices rose by 37.9 percent compared to the same month last year, as the statistics office Eurostat…