The transmission of ECB monetary policy decisions to business lending rates in Greece is taking place in a symmetrical manner, with no evidence that banks raise interest rates more when they rise and lower them less when they fall, according to an analysis by the Bank of Greece included in the latest Monetary Policy Report. In particular, as stated, “there is no evidence that banks raise lending rates more in the uptrend and lower them less in t…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
The transmission of ECB monetary policy decisions to business lending rates in Greece is taking place in a symmetrical manner, with no evidence that banks raise interest rates more when they rise and lower them less when they fall, according to an analysis by the Bank of Greece included in the latest Monetary Policy Report. In particular, as stated, “there is no evidence that banks raise lending rates more in the uptrend and lower them less in t…