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Government finances: Central bank bond purchases increase sensitivity to interest rate changes Article from the Monthly Report June 2021
113 KB, PDF
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Monetary policy and banking business Article from the Monthly report February 2009
235 KB, PDF
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Financial Stability Review 2023
The macroeconomic environment is being shaped by the interest rate reversal and heightened uncertainty. So far, the German financial system has coped well with the rise in interest rates over the last year, but the effects of this rise have not yet fully materialised. Structural change in the economy is also likely to further increase credit risk.
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