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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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:94646
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