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News Monetary policy
The pass-through of monetary policy to the short-term debt market
Post No. 442. The short-term debt market plays a key role in financing banks and businesses. We show that, over the period between January 2005 and November 2024, there was complete pass-through of monetary policy after one month for all categories of issuers. For companies, pass-through was relatively faster than for intermediated credit. 
25th of March 2026

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Europe’s growth gap: reconciling Keynes and Schumpeter
Speech Economy
31st of March 2021
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