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How Changing Interest Rates Affect Variable-Rate Loans to U.S. Firms

Miguel Faria-e-Castro and Samuel Jordan-Wood

On the Economy from Federal Reserve Bank of St. Louis

Abstract: Data suggest that lending activity in variable-rate bank loans to U.S. firms responds more strongly to rising and falling benchmark interest rates like LIBOR.

Keywords: interest rates; variable-rate loans (search for similar items in EconPapers)
Date: 2022-08-16
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