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Research Details
Interest Rate Risk in the Banking Book - Preparing the European Banking System for a Sudden Upward Shift in Interest Rates - together with: Marc Wambold, Oxforld Business Law Blog
Abstract
Recovering from the pandemic with the help of unprecedented levels of fiscal stimulus and monetary easing might well lead to the return on inflation in the medium term. This will require the ECB and other central banks to react by limiting tender operations, tapering and stopping bond purchase programs and raising interest rates. To avoid collateral damage in banks’ balance sheets we need to prepare the banking system today for a rapid upward shift in interest rates.
Type
Article
Author(s)
Axel Wieandt, Marc Wambold
Date Published
2021
Citations
Wieandt, Axel, and Marc Wambold. 2021. Interest Rate Risk in the Banking Book - Preparing the European Banking System for a Sudden Upward Shift in Interest Rates - together with: Marc Wambold. Oxforld Business Law Blog.