What’s threatening bank credit growth, in 5 charts
Two reasons likely explain this unusual trend: the lagged impact of monetary policy, and the fact that rates are often raised precisely to dampen inflationary pressures fuelled by exuberant growth in GDP and credit
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### Instruction: What’s threatening bank credit growth, in 5 charts

### Response: Two reasons likely explain this unusual trend: the lagged impact of monetary policy, and the fact that rates are often raised precisely to dampen inflationary pressures fuelled by exuberant growth in GDP and credit