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ECB's Lane: Credit dynamic really has been quite weak

  • Remarks by ECB chief economist, Philip Lane
Justin Low
05/10/2023 | 10:29 GMT
  • It is below what we would have expected last year

This is in part one reason why the ECB has to be careful so as to not tighten financial conditions any further, more so when economic conditions are also weakening considerably. From July: Eurozone firms' demand for credit falls to lowest on record in Q2

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