that it cycle is not over yet. it is true thatitis cycle is not over yet. it is true that it is becoming more and more difficult for people to borrow, given the rising borrowing rates but if you take the example of the eurozone, i expect further increases in key rates before the fall. the cost of borrowing will continue to increase, there could be some credit punching that i would not speak of a credit crunch, it is too early i think. ., ., . ., , think. eurozone banks declare this week that credit think. eurozone banks declare this week that credit conditions - think. eurozone banks declare this week that credit conditions in - think. eurozone banks declare this week that credit conditions in loan i week that credit conditions in loan demand is tightening at the fastest pace they have seen since the global financial crisis in 2008. what impact that likely to have on inflation?
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Editors' Note: This blog was updated from an earlier version produced in 2020 on Feb. 3, 2022. Theresa Brown and Jamie Coelho contributed to this post. In