May 16, 12:42 PM

ECB's Joachim Nagel Warns New Interest Rates Framework May Discourage Money-Market Lending

European Central Bank's policymaker Joachim Nagel warns that the new interest rates framework may discourage money-market lending as banks might find it cheaper to tap the ECB. The narrower interest-rate spread could lead to undesirable incentives for lenders.

#European Central Bank #Joachim Nagel

Written with ChatGPT (GPT-3).

Sources

Bloomberg Economics@economics
2 years ago
ECB Governing Council member Joachim Nagel says the narrower interest-rate spread in the new operational framework might provide undesirable incentives for lenders https://t.co/TjseSsAKiF
PiQ@PiQSuite
2 years ago
💡 ECB‘s Nagel: Excess Liquidity to Persist, Short-Term Interest Rates to Evolve Near Deposit Facility Rate - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/fHkT5A0CMq
Bloomberg@business
2 years ago
ECB Governing Council member Joachim Nagel says the narrower interest-rate spread in the new operational framework might provide undesirable incentives for lenders https://t.co/rZiNipbLMR

ECB's Joachim Nagel Warns New Interest Rates Framework May Discourage Money-Market Lending

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