Publications

  • July 25, 2009

    Senior Loan Officer Survey - Second-Quarter 2009

    Survey respondents reported continued tightening in lending conditions (Chart 1). This tightening was evident in both the price and non-price1 aspects of business lending (Chart 2). Note that the balance of opinion indicates only the amount of agreement among respondents about the direction of the change in conditions; it does not provide any information on the magnitude of the change.
  • July 23, 2009

    Monetary Policy Report - July 2009

    The global economy has suffered an intense, synchronous recession and considerable excess supply has opened up.
  • July 13, 2009

    Business Outlook Survey - Summer 2009

    The results of the summer survey indicate that businesses foresee an improvement in the economic outlook. In particular, the balances of opinion on both future sales and employment have turned positive. Nevertheless, firms expect their activity to recover only gradually, and they continue to be cautious regarding investment.

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