The current phase of low interest rates poses major challenges for banks. A continuous decline in the interest result …, which is so important for the profitability of banks, has been observed for years, as it is becoming in-creasingly difficult … for banks to generate sufficient income from the interest margin. This is partlydue to the European Central Bank …

The current phase of low interest rates poses major challenges for banks. A continuous decline in the interest result …, which is so important for the profitability of banks, has been observed for years, as it is becoming in-creasingly difficult … for banks to generate sufficient income from the interest margin. This is partlydue to the European Central Bank …

The current phase of low interest rates poses major challenges for banks. A continuous decline in the interest result …, which is so important for the profitability of banks, has been observed for years, as it is becoming in-creasingly difficult … for banks to generate sufficient income from the interest margin. This is partlydue to the European Central Bank …

, digitalisation and industry 4.0, shall encourage investments if the basic conditions are right. Even in developing and emerging …

Since central banks have limited information concerning the transmission channel of monetary policy, they are faced … reunification. A policy that separates learning from control may induce a persistent upward bias in money growth and inflation, just …

not happen during the financial crisis despite the increase in the money supply. Even current economic developments do not …