How quickly do consumers react to rate hikes? That depends in part on how much they know about financial matters.
https://nitter.privacydev.net/search?q=%23TheECBBlog
explains that the better informed they are, the more quickly they react
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog240815~695092d20f.en.html

[2024-08-15 09:03 UTC]