Lottery winners get used to being wealthier, and their psychological state may ultimately be not much different than it was before buying the winning ticket. Have you ever said, “If I can just do or get X, I’ll be happy”? “X” might be to graduate, get a promotion, or be named to the all-star team.
To preserve the effective transmission of last week’s rate hike by 75 basis points and safeguard the orderly functioning of money markets, the Governing Council also decided last week to temporarily remove the zero per cent interest rate ceiling for remunerating government deposits held with the Eurosystem.