Haku
Viitteet 1-10 / 23
On the merits of calendar-based forward guidance
(07.09.2015)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The existence of a lower bound for nominal interest rates complicates the monetary policy. Central banks have lately tried to circumvent this problem by applying non-standard monetary policy measures.
China’s GDP growth just keeps on hitting the official target
(11.02.2019)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
China announced in January that its real economic growth slowed to 6.4 percent year-over-year in the fourth quarter of 2018. For the full year 2018, the economy expanded by 6.6 percent. It was the weakest pace since 1990, ...
Shadow banking takes new shapes
(05.09.2017)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Shadow banking is a broad concept. A possible definition is that it comprises non-bank institutions which undertake bank-like activities. Another characteristic, which the word ‘shadow’ refers to, is that the sector is ...
Contactless payments replace both chip and pin along with cash
(25.09.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The near field communication (nfc-) technology has been available for quite some time, and we have predicted its triumph already for years. Introducing new technology in two sided markets is tricky. Two sided markets mean ...
Caucasus and Central Asia : integration or disintegration
(08.05.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
While the Caucasian and Central Asian (CCA) regions host ethnically and culturally diverse populations, and are difficult to traverse due to the challenging geography, the countries have a long history of political and ...
The Russian banking sector – where to next?
(20.09.2017)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
After a long recession, the Russian economy is finally showing signs of moderate growth. The economy is expected to expand by 1.5 % this year, and most analysts forecast roughly similar growth rates in the coming years, ...
The role of the central bank in a digitalising world
(11.06.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Digitalisation holds great promise for new opportunities, but it will also usher in new challenges and risks. Businesses will enjoy lower operating costs and consumers a wider breadth of choice, while cross-sector and ...
Promoting European banking integration with capital requirements?
(07.06.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
An integrated European banking market can be seen as an ultimate objective of the Europe’s banking union project. This would help disentangle supply of credit in a certain country from the state of public finances of that ...
Crypto-assets are not money
(13.06.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Cryptocurrencies refer to virtual mediums of exchange, which are transferred from one holder to another without the use of a centralised ledger. Originally conceived as an alternative to the official monetary system, ...
Money in the digital era
(08.06.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Digitalisation is currently the most significant force transforming banking as well as the entire financial industry at large. Most payment and financial services have already shifted online and are readily accessible ...