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banquedefrance
banquedefranceBanque de France1343890774400892928
12/29/2020 - 13:05📝 [Working Paper] Monetary policy affects credit supply through banks’ cost of funding. When banks cannot fully adjust their cost of deposit funding to changes in monetary policy they contract lending and reallocate credit towards riskier firms ➡https://t.co/Kw82lwQZLY #BdfEco
