Navigating the ECB's new monetary policy: Implications for Spain and beyond
Future is Blue
Market Reactions and Implications of ECB Rate Cuts
This chapter examines the varied market responses to the recent rate cuts by the ECB, with stock markets gaining modestly while the bond market remains cautious. It also explores the impact on households and businesses, highlighting the slow potential for increased credit demand due to historical lending trends and the dominance of fixed-rate mortgages in Spain.
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