Tom Spencer

OCTOBER 6, 2023

The interest rate set by the central bank serves as a benchmark or reference rate for banks. Banks typically adjust their lending rates based on the central bank’s policy rate. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet.

Banking 88

Banking Balance Sheet Operations Financial 88

MishTalk

FEBRUARY 6, 2014

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. The ECB balance sheet has plummeted to 23pc of eurozone GDP from a peak of 32pc in July 2012. Retail sales fell 1.6pc in December, the biggest drop for two-and-a-half years. The answer is no."

Balance Sheet 72

Balance Sheet Banking Retail Policies 72

MishTalk

JANUARY 3, 2014

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. His socialist policies have left France and Greece as the only major eurozone economies where manufacturing is still in contraction. Here we are. S&P UP 29.6%

Conference 74

Conference Banking Government Balance Sheet 74