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Bank of Finland forecast : Upswing more broadly based – Improved chances for balanced growth in Finland
(18.12.2017)
Bank of Finland. Bulletin 5/2017
Bank of Finland. Bulletin 5/2017
Finland’s economic growth is broadly based, exports are fuelling growth and at the same time domestic demand continues to be strong. According to the Bank of Finland forecast, Finland’s GDP will grow 3.1% in 2017 and 2.5% ...
Growth potential and public finances need further strengthening
(18.12.2017)
Bank of Finland. Bulletin 5/2017
Bank of Finland. Bulletin 5/2017
The current news on the Finnish economy is positive, and the outlook has improved. Economic growth has continued and is now more broadly based than before. Exports and corporate investment are both growing, in addition to ...
Euro area set to recover
(02.10.2015)
Bank of Finland. Bulletin 4/2015
Bank of Finland. Bulletin 4/2015
Monetary policy in the euro area has been highly accommodative in recent years. The accommodative stance has also been reflected in banks’ lending rates. The transmission of monetary policy has become more effective, ...
Is the euro area at risk of Japanese-style deflation?
(20.03.2015)
Bank of Finland. Bulletin 1/2015
Bank of Finland. Bulletin 1/2015
Euro area inflation has long been below the European Central Bank’s objective for price stability and has continued to slow in recent months. This has given rise to heightened concerns that the euro area could soon be ...
Rise in services prices has made Finland an expensive country
(30.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
Consumer prices have risen in Finland at a higher pace than in the euro area. This has eroded Finnish consumers' purchasing power and weakened the competitiveness of the economy. Of household expenditure, approximately 40% ...
Uncertainty in global economy has increased
(02.10.2015)
Bank of Finland. Bulletin 4/2015
Bank of Finland. Bulletin 4/2015
Uncertainty about the condition of the global economy increased in August–September. Concerns relate particularly to China, whose decelerating growth has unnerved the markets. In the Bank of Finland forecast, global growth ...
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.
Abenomics: three years – the big ship turns slowly
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
For the past three years or so, Japan has pursued an economic policy named after Prime Minister Abe as abenomics, with the intention of putting the country back on a path of sustainable economic growth via expansionary ...
ECB to continue highly accommodative monetary policy
(30.03.2017)
Bank of Finland. Bulletin 1/2017
Bank of Finland. Bulletin 1/2017
Economic growth in the euro area is becoming more broadly based and there has already been four years of unbroken growth in GDP. The monetary policy of the ECB has been highly accommodative, lowering funding costs for both ...
The Finnish economy is returning to growth
(23.06.2016)
Bank of Finland. Bulletin 3/2016
Bank of Finland. Bulletin 3/2016
The Finnish economy is returning to growth. Economic data have strengthened, and leading indicators suggest growth continuing through the forecast years. However, this growth is entirely dependent on domestic demand, and ...