Nominal and real interest rates have increased in most financial market segments following an upward shift in the key rate path, a development anticipated by market participants. The rise in attractive deposit rates has continued to encourage the inflow of household funds into deposits. Conversely, rising lending rates and tightening macroprudential policies have contributed to a slowdown in retail lending. Recent data also indicates that corporate lending is experiencing more moderate growth.
Further information can be found in the information and analytical commentary titled “Monetary Conditions and Monetary Policy Transmission Mechanism.”
