The current monetary policy tightening cycle has lifted bank deposit rates but less than in the past, partly reflecting the normalisation of rate spreads in the transition to positive rates.
It has also prompted shifts away from overnight deposits.
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2024/html/ecb.ebbox202308_08~09682c131a.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=240108_eb_8_2023
🐦🔗: https://nitter.cz/ecb/status/1745008754662252760#m
[2024-01-10 09:04 UTC]