Excess Liquidity and Bank Lending Risks in the Euro Area
Staidéar
14-09-2018
Low interest rates and excess liquidity in the euro area, which exceeded €1,900 billion in September 2018, might create financial stability risks. We clarify the notion of excess liquidity and highlight that its current level is primarily the result of European Central Bank asset purchases. Overall, we conclude that financial stability risks in the euro area are low, but increased home bias and housing prices necessitate full attention from macroprudential authorities. Monetary policy tools are anyway ill-suited to fostering financial stability objectives. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.
Staidéar
Údar seachtarach
Zsolt DARVAS, David PICHLER
Maidir leis an doiciméad seo
Saghas foilseacháin
Eochairfhocal
- AIRGEADAS
- an limistéar euro
- AN tAONTAS EORPACH
- aontas baincéireachta an Aontas Eorpaigh
- bainistíocht
- bainistíocht riosca
- banc ceannais
- beartas airgeadaíochta
- caidreamh airgeadaíochta
- caighdeán teicniúil
- DLÍ
- dlí an Aontais Eorpaigh
- dlí an Aontais Eorpaigh a dhréachtú
- dlí sibhialta
- eacnamaíocht airgeadaíochta
- GNÓ AGUS IOMAÍOCHT
- institiúid airgeadais
- institiúidí airgeadais agus creidmheas
- reachtaíocht airgeadais
- rialú leachtachta
- riosca airgeadais
- saorghluaiseacht chaipitil
- sócmhainneacht airgeadais
- teicneolaíocht agus rialacháin theicniúla
- TÁIRGEADH, TEICNEOLAÍOCHT AGUS TAIGHDE