And that goes for households when they buy 1/2  BIS central bankers' speeches  a new apartment; for firms when they invest in new production equipment, when they increase their productivity; and for governments. It all depends on what you do with the money you borrow.
We will now report on the outcome of today’s meeting. Based on its regular economic and monetary analyses, the Governing Council confirmed that the current key ECB interest rates are appropriate. It therefore decided to leave them unchanged.