LOOSE CREDIT
The practice of simulating economic growth either through relaxed lending criteria or by lowering short-term interest rates. A central bank policy, it looks at whether it would expand the money supply (loose credit) or shrink it (tight credit).
Also called accommodative monetary policy or loose monetary policy.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Mar | |
| 08:00 | PPI | Apr | |
| 10:00 | Current Account (sa) | Mar | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:30 | Leading Indicators | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 18:30 | BOE Deputy Governor for Monetary Policy Ben Broadbent Speaks | ||
| 19:00 | FOMC Member John C. Williams Speaks | ||
| 01:00 | Federal Reserve Chairman Jerome Powell Speaks |
