Sarah Bloom Raskin: Let’s move forward – the case for timely implementation of revised capital rules Speech by Ms Sarah Bloom Raskin, Member of the Board of Governors of the Federal Reserve System, at the Ohio Bankers Day, Columbus, Ohio, 6 June 2013.
Since the start of our credit easing measures in June 2014, bank lending rates for firms and households have fallen by about 90 and 80 basis points respectively, reaching historical lows in April 2016. The growth rate of bank credit to euro area corporations turned positive in 2015.