Monetary and financial trends - Tighter monetary policy has made financing more expensive

Analysis - September 2022 - No. 10

Authors Danmarks Nationalbank
Subject Danish Economy; Current economic and monetary trends; Monetary- and foreign-exchange; The money and currency markets; Monetary- and foreign-exchange policy; Monetary policy; Monetary-policy instruments; Foreign-exchange market; Financial assets and balances; Fixed-exchange-rate policy
Type Analysis
Year 2022
Published 21 September 2022
Abstract icon High inflation and rising inflation expectations have brought about a need to tighten monetary policy for central banks worldwide. Danmarks Nationalbank has followed the ECB's interest rate hikes in accordance with the fixed exchange rate policy. The tightening of monetary policy and developments in the financial markets have increased loan rates for Danish households and companies.