Banco de Portugal (BdP) Governor Mario Centeno said this Wednesday that Euribor will continue to rise until September (12 months) and November (3 and 6 months), expecting them to slowly fall from those dates. .
“This trajectory will continue to rise,” the BdP manager told the Grande Interview this Wednesday at RTP3, specifying that the 12-month Euribor “will continue to rise until September of this year” and the 3 and 6 Euribor months until November.
Therefore, some relief on home loans is delayed until the end of the year, with Mario Centeno citing that “futures indicate that from these dates, September for 12 months and November for 3 and 6 months, rates will begin to fall rapidly.”
This interview comes on the same day that central bank governors from Europe, the UK and Japan, and the president of the US Federal Reserve, warned of continued inflation in Sintra during a European Central Bank (ECB) Forum debate, pointing to potential new interest rate hikes.
Author: Portuguese
Source: CM Jornal
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