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in what is being viewed in come circles as a sign that eurozone borrowing costs may soon reach their peak. the move mirrors the us federal reserve s quarter point rate rise on wednesday. central banks on both sides of the atlantic have dramatically raised rates since last year in response to a surge in inflation. professor christian de boissieu is emeritus professor of economics at the sorbonne university in paris. the lending service from the bank suggest that a credit crunch is looming. does that suggest to you that the era of credit cycle tightening has come to an end? i would first say that this credit cycle is not over yet. it is true that it cycle is not over yet. it is true thatitis cycle is not over yet. it is true that it is becoming more and more difficult for people to borrow, given the rising borrowing rates but if you take the example of the eurozone, i expect further increases in key rates before the fall. the cost of borrowing will continue to increase, t ....
That it cycle is not over yet. it is true thatitis cycle is not over yet. it is true that it is becoming more and more difficult for people to borrow, given the rising borrowing rates but if you take the example of the eurozone, i expect further increases in key rates before the fall. the cost of borrowing will continue to increase, there could be some credit punching that i would not speak of a credit crunch, it is too early i think. ., ., . ., , think. eurozone banks declare this week that credit think. eurozone banks declare this week that credit conditions - think. eurozone banks declare this week that credit conditions in - think. eurozone banks declare this week that credit conditions in loan i week that credit conditions in loan demand is tightening at the fastest pace they have seen since the global financial crisis in 2008. what impact that likely to have on inflation? ....