Munich It seems that the monetary watchdogs of the European Central Bank (ECB) are managing to get inflation under control. Most recently, inflation in Germany was “only” a good six percent. The key interest rate has now arrived at four percent.
Interest rates on bank deposits such as call money and fixed-term deposits have also risen with the base rate. At the top, some fixed-term deposits already promise more than four percent.
ECB President Christine Lagarde has announced that he will raise the key interest rate again, probably to 4.25 percent, but some experts see the interest rate rally coming to an end. “Savers have to reckon with the fact that interest rates for long-term time deposits in particular could soon stagnate or even fall,” says Katharina Lüth, head of private customers at interest broker Weltsparen.
The Handelsblatt has put together what the end of rising interest rates would mean, whether it is now worth fixing money for a long time, which offers are now attractive and what alternatives there are.
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