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Monetary conditions remain neutral overall in November

19 December 2022
News

Short-term debt market yields were persistently falling during the month, whereas long-term yields remained unchanged close to the readings posted after rising yields in September. According to recent data, interest rates on loans and deposits were stable in November.

Corporate lending and mortgages demonstrated strong growth in October, despite a slight increase in lending interest rates. The outflow of deposit funds observed in September was replaced by the inflow of these funds in October.

More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism.

Preview photo: psynovec / Shutterstock / Fotodom