ECB to assess health of bank lending in March - Praet

European Central Bank (ECB) executive board member Peter Praet speaks during an interview with Reuters in Frankfurt, Germany, March 14, 2018. Picture taken March 14, 2018. REUTERS/Ralph Orlowski - Copyright RALPH ORLOWSKI(Reuters)

By Reuters

Published on 18/02/2019 - 17:34•Updated 20/04/2024 - 00:33

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FRANKFURT (Reuters) - The European Central Bank will assess the state and outlook for bank lending at its next policy meeting as a credit squeeze could exacerbate the current economic slowdown, its chief economist told German daily Boersen-Zeitung.

"We do need to monitor the transmission of monetary policy through the banking system carefully," Peter Praet said in an interview published on Monday. "In March we will make an assessment of the current and expected state of bank transmission."