Tech & nature
What 2.50% changes at home
The European Central Bank announces its decision this Thursday at 2.15 pm. Behind the deposit rate lie the loans of those who buy, the savings of those who wait, and two euros more on a parcel.
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The Governing Council met on Wednesday and concludes this Thursday. Decision at 2.15 pm, Christine Lagarde’s press conference at 2.45 pm. Since June, the ECB has raised its deposit rate twice, to 2.25% and then to 2.50% in September, to counter rising prices. Markets are betting on a pause. For anyone signing a mortgage this autumn, a pause means a rate that does not fall; for anyone with a savings account, a return that holds.
A pause, and what it is worth
Around the bank, money moves on other scales. Meta wants to raise $95 billion in shares, a record, for its data centres. Microsoft is offering voluntary exits to 60,000 employees: 60,000 letters, 60,000 kitchens where it will be discussed tonight.
60,000 letters
In Paris, the CAC 40 ended Wednesday flat at 7,887 points, with Stellantis jumping 15%. In Washington, the Fed left its rates unchanged, with two votes calling for a rise. And from this Thursday, every Temu, Shein or AliExpress parcel costs 2 euros more. A rate in Frankfurt, a record in Menlo Park, two euros on a parcel. Which of these numbers changes a life?
Based on BCE, franceinfo, Les Échos, Boursorama and Reuters