Cautious Increases In Eurozone Bank Lending Will Do Little To Support Growth [Seeking Alpha]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Seeking Alpha
Tentative improvements show that monetary easing in the eurozone is having an effect, but that more needs to be done for investment to undergo a more meaningful recovery in 2025. The European Central Bank recently released its bank lending survey, which showed some tentative improvements in the lending environment. At the moment, it looks like the ECB is rushing towards a neutral rate as concerns about economic growth have taken over from inflation fighting. Jacques LOIC By Bert Colijn Bank lending in the eurozone showed some improvement in September as non-financial corporates saw a strong increase in month-on-month lending, and lending to households continued its cautious accelerating trend. Still, this kind of monthly data is volatile This article was written by ING Economic and Financial Analysis 4.09K Follower s Follow From Trump to trade, FX to Brexit, ING's global economists have it covered. Go to ING.com/THINK to stay a step ahead. We're sorry we can't rep
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