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This paper discusses the relation between the financial structure and the determination of bank lending rates in Italy …. It notes that the high degree of stickiness of bank lending rates observed in Italy in the past was related to …
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As the U.S. Fed begins to increase the Federal Funds rate, interest rates in Hong Kong SAR will rise in tandem under the Currency Board system. While domestic economic activity in Hong Kong SAR remained resilient in previous rate hike cycles, there is a concern that the impact of higher interest...
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