banquedefranceBanque de France154209175024790732806/29/2022 - 12:24📝 [Working paper] Negative interest rate policy leads #banks to be more competitive in offering loans, especially at intermediate maturities. Negative rates can thus act as a useful complement to QE policies. 👉 https://t.co/PdoL6qQJ8l #BdfEco https://t.co/YniW1Q8riC