The recent slowdown in broad money growth appears to have levelled off as bank lending has started to rise. Lending appears to be being driven by households as corporate borrowing has declined despite improvements in loan availability and falling interest costs. What’s more, firms are not be switching to other forms of credit.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services