Free Trial

Lagarde Touches on Transmission Mechanism

ECB

Lagarde says loans data masks a moderation. She adds that higher risk perceptions could weigh on loan creation.

She notes that surveys show increased tightened credit conditions for households.


  • Note - this may be showing the ECB has more concern about the transmission mechanism

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.