ECB chief economist Philip Lane said euro zone banks had navigated recent turmoil well but could still find themselves in a tight spot given their exposure to the US dollar. Photograph: Samuel Corum/Bloomberg
Euro zone banks may come under pressure if United States dollar funding – the lifeblood of financial markets – were to dry up, the European Central Bank’s (ECB’s) chief economist Philip Lane said on Tuesday amid concern over US president Donald Trump’s policies.
Dollar funding fears have been
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