Loans in Germany are as expensive as they have not been for 23 years, as interest rates are currently averaging 8.99 percent and more than half of the banks expect further increases. #Kreditzinsen #Finanzen #Zinsvergleich (translated)
Savers wrote that most Germans still have no idea what is coming their way. Those who can barely afford to live now will be confronted with an even more difficult situation in 2027. Especially a move can become a financial burden, as a new rental contract with an interest rate of 4.5 percent could have a strong impact on those affected. #Deutschland #Finanzen #Mieten (translated)
The US inflation has fallen overnight by 0.3 percentage points. Not a single price has decreased because of this. The calculation method has changed, retroactively to 2021. For July, the US statistics agency previously reported a core inflation of 3.3% (excluding energy and food), now it shows 3.0%. For August, 3.0% was recorded, although economists had expected 3.3%. On paper, this is a clear decline. Three areas were adjusted: software, legal consulting, and asset management. The last one best illustrates the problem. An advisor charges a 1% fee on your portfolio. If the stock market rises by 20%, you pay 20% more in dollars, even though he has never raised his rate. Statistics had previously counted this as a price increase. In May, this inflation was at 21.6%; using the new method, it would be 14.3%. The Canadian bank RBC estimates that the new method alone pushes core inflation down by about 0.18 percentage points, mainly due to software. A large part of today’s decline is thus purely a matter of calculation. Even on Wall Street, the number is read cautiously. BNY strategist John Velis advises treating any softer value after the adjustment as a statistical correction. His conclusion: less noise, the same amount of inflation. Why this matters: Two weeks ago, the US Federal Reserve raised interest rates for the first time since 2023 to 3.75% to 4.00%. 16 out of 18 members expect another increase this year. This inflation figure is what decides that and it impacts credit rates, mortgages, and the direction of stocks and Bitcoin. On paper, inflation has decreased today. At the supermarket checkout, however, no one notices anything. If you are interested in such macro insights and they help you, feel free to interact with the post. 🧡 #Inflation #USMarkt #Wirtschaft (translated)
In den USA sind viele Menschen aufgrund steigender Fahrzeugpreise, hoher Kreditzinsen und notwendiger Autonutzung stark verschuldet, was zu einem Anstieg der Fahrzeugrepossessions führt und den American Dream gefährdet. #AmericanDream #Autokredite #Finanzkrise
Der SPD das Finanzministerium zu überlassen wird als historischer Fehler in die Geschichte eingehen. Noch mehr neue Schulden bedeuten: > Inflation steigt > Zinsen steigen > Zinsdienst steigt > Spielraum im Haushalt sinkt > Kreditzinsen steigen > Mieten steigen > Sparguthaben werden entwertet >> Neue Schulden machen die Reichen reicher und rasieren die verbleibende deutsche Mittelschicht praktisch komplett über steigende Kosten für Wohnen und entwertete Sparguthaben #Finanzpolitik #Schulden #Inflation
Donald Trump hat durch seinen Iranfeldzug die Inflation in den USA angeheizt, was die EZB und Fed unter Druck setzt, während der neue Zentralbankchef Kevin Warsh voraussichtlich die Zinsen kaum senken wird, was zu höheren Kreditzinsen im Euroraum führen könnte. #Zentralbank #Inflation #Trump
Die Europäische Zentralbank (EZB) steht aufgrund steigender Inflation im Euro-Raum, die im Mai auf 3,2 Prozent kletterte, unter Druck, den Leitzins anzuheben, was voraussichtlich nächste Woche geschehen wird, was auch Auswirkungen auf Kreditzinsen und die allgemeine Wirtschaft haben könnte. #Inflation #EZB #Zinserhöhung
