Surveillance: Debt Pressure with Malpass
Bloomberg Surveillance
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The Impact of Higher Cost of Capital on Bank Lending Behavior
There's certainly going to be an impact from the higher cost of capital of banks on their bank lending behavior. So we don't have a definite answer yet. It depends on releases around inflation. There could be surprises to inflation that may need further tightening of monetary policy. Policy going forward is very much dependent on data in particular on how core inflation evolves.
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