Philip R. Lane

Dwindling ECB reserves could cut rates needed to stabilize inflation

Dwindling ECB reserves are pushing up interest rates on sovereign debt and reducing lending to businesses and households, thereby potentially…

2 years ago

Dwindling ECB reserves could cut rates needed to stabilize inflation

Dwindling ECB reserves are pushing up interest rates on sovereign debt and reducing lending to businesses and households, thereby potentially…

2 years ago

The ECB’s reserve cut could lower the rates needed to stabilize inflation. Philip R. Lane, an ECB economist, says the reserve cut “would put upward pressure on sovereign debt interest rates.”

Dwindling ECB reserves are pushing up interest rates on sovereign debt and reducing lending to businesses and households, thereby potentially…

2 years ago