The Banks' Interest Rates - Part 1
Monetary review, 4th Quarter 2012
The banks' retail and corporate interest rates roughly fluctuate with Danmarks
Nationalbank's interest rates. How closely they are linked varies during a
business cycle. During the current economic slowdown, Danmarks Nationalbank
has lowered its interest rates on several occasions, but the banks' interest rates
have not fallen correspondingly. This article describes the reasons for this.