Monetary conditions tighten in October–November
8 December 2023
News
In November, credit and deposit market rates and short-term money market rates were growing, evidencing monetary tightening. However, higher household inflation expectations contributed to monetary easing.
The growth rates of monetary aggregates remained close to local highs.
More details are available in the information and analytical commentary Monetary Conditions and Monetary Policy Transmission Mechanism.
Preview photo: Michal Balada / Shutterstock / Fotodom