Timing matters: Seasonal anomalies in interest rate pass-through
The research finds that euro-area banks transmit interest rate changes more slowly to lending rates in the fourth quarter during tightening, consistent with year-end volume targets.
Featured in No. 138 on 6 Nov 2026 · 4 days after release
- Released
- 2 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:zbw:bofrdp:344221
- Authors
- Zuzana Fungáčová et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).