Before the Federal Reserve announces its interest rate decision next week on Wednesday, which we can assume is a cut, the European Central Bank has today lowered its deposit rate by 25 basis points to 3.5%. The destroyers of our purchasing power are therefore proceeding in a coordinated manner. Debt-ridden countries, companies and banks in the eurozone have recently been literally begging for an easing of credit conditions in view of the general over-indebtedness and recession in which the eurozone finds itself.