Conservative Savings at the Crossroads of Rates: Taking More Risk or Losing Purchasing Power

Observador

Lean Right

Factuality

Ownership

This decline in Euribor makes variable rates particularly attractive when compared with fixed rates.

El Pais

Lean Left

Factuality

Ownership

The conservative savings face a crossroads. In recent years, the average Spaniard has felt comfortable in an environment dominated by bank deposits, remunerated accounts and Treasury letters. Simple products, without shocks, with moderate returns that helped to mitigate the erosion of inflation. But with the low-rate policy implemented in the last year by the European Central Bank (ECB), the rules of the game have changed and that model enters i…