💬 [Blog] How did the Eurosystem’s rate hikes transmit to the...

banquedefranceBanque de France159617839785571123311/25/2022 - 17:26💬 [Blog] How did the Eurosystem’s rate hikes transmit to the money markets? While the transmission to unsecured rates (€STR) was perfect, repo rates increased only partially, pointing to collateral scarcity. @ecb #BdFeco #MonetaryPolicy