NBB Blog

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Monetary policy

Belgian households flock to new State note, leading to record fall in bank deposits
03 October 2023
The August banking statistics show a decline in the level of household bank deposits not seen for twenty years. This…
Risque partagé est à moitié plus léger : comment la BNB partage-t-elle les risques avec l’Eurosystème ?
Monetary policy

A problem shared is a problem halved: how the NBB shares risk within the Eurosystem
22 September 2023
The NBB’s balance sheet has grown enormously over the past 15 years. The latest annual report notes a tripling in size…
Jonas Willequet
  • Jonas Willequet
  • Risk manager
man slaapt op geldkraan
Monetary policy

Higher interest rates on reserves held at the central bank: a boon for banks?
11 July 2023
Since July 2022, the European Central Bank (ECB) has raised its policy rates sharply to curb inflation. As a result,…
Jef Boeckx
  • Jef Boeckx
  • Adviser
Man met das zit achter bureau vol Amerikaanse dollarbiljetten
Monetary policy

Growing income inequality leads to lower interest rates and higher household debt
31 August 2022
Interest rates have fallen significantly since the early ‘80s. Over the same period, income inequality has grown. In a…
Ansgar Rannenberg
  • Ansgar Rannenberg
  • Economist

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