How Changing Interest Rates Affect Variable-Rate Loans to U.S. Firms

Abstract: Data suggest that lending activity in variable-rate bank loans to U.S. firms responds more strongly to rising and falling benchmark interest rates like LIBOR.

Keywords: interest rates; variable-rate loans;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2022-08-16