Federal Reserve Bank of San Francisco: 'The Bank Lending Channel Is Back'
February 18, 2025
February 18, 2025
SAN FRANCISCO, California, Feb. 18 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2025-04) on Feb. 14, 2025, by Mark Spiegel entitled "The Bank Lending Channel Is Back."
Here are excerpts:
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The period following the global financial crisis was marked by low interest rates and low responsiveness of bank lending to monetary policy. This led some to conclude that the bank lending channel for monetary p . . .
Here are excerpts:
* * *
The period following the global financial crisis was marked by low interest rates and low responsiveness of bank lending to monetary policy. This led some to conclude that the bank lending channel for monetary p . . .