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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
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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