Euro zone lending holds steady in September
Euro zone lending continued growing in September as firms and households posted stable gains. However, ECB surveys reveal tightening credit access and falling mortgage demand due to rate hikes.
Euro zone lending to firms and households grew by 4.2% and 3.1% respectively in September, holding up despite rising interest rates. The steady pace matched August figures as the ECB maintained borrowing costs to assess economic impacts. Investors track credit resilience as banks tighten access heading into the fourth quarter.
