Haku
Viitteet 1-10 / 17
On fireside chats and optimal monetary policy
(01.12.2020)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The ECB is currently reviewing its monetary policy strategy. The work will continue and is due to be completed by September 2021. The Covid-19 pandemic first caused a delay in the schedule, but its more fundamental impact ...
Recent economic crises have modified the Bank of Finland's market operations
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
Since the global financial crisis and the European sovereign debt crisis, the traditional means used by central banks to influence economic activity and inflation have changed significantly. Once nominal risk-free interest ...
Record amount of credit granted to Finnish banks
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
Since its inception the Eurosystem has implemented its monetary policy through credit operations conducted as tenders. In these operations, the Eurosystem grants credit against collateral to euro area banks in order to ...
Editorial : Monetary policy is supporting economic recovery — but the outlook for employment remains weak
(17.09.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The lockdown measures introduced to contain the global health crisis posed by the coronavirus pandemic led to a sharp contraction in economic activity during the second quarter of 2020. The world economy has already entered ...
A fragile recovery from the pandemic crisis has begun
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The global economic crisis caused by the coronavirus pandemic intensified in March 2020. The health crisis and the lockdown measures necessary to contain the epidemic led to an exceptionally sudden and sharp decline in ...
Implementation of monetary policy purchase programmes at the Bank of Finland
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
The expanded asset purchase programme was introduced in 2015, when Eurosystem interest rates began to reach their lowest threshold. Bond purchase programmes have become one of the most significant approaches to monetary ...
Accessible summary : Economic uncertainty continues, recovery expected to be uneven
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The worldwide economic crisis caused by the corona pandemic peaked in March 2020. In the early part of the year both output and consumption contracted suddenly and strongly; in other words, goods and services were both ...
Information key on tumultuous markets
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
The monitoring of financial markets is an important part of the preparation of monetary policy decisions and the monitoring of their implementation, as information from the financial markets provides clues on the state of ...
Editorial : Monetary policy implementation in changing times
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
The coronavirus pandemic has brought monetary policy operations back into the spotlight, as central banks around the world have taken up new monetary policy measures. We too at the Eurosystem have swiftly launched new ...
Balance sheet risks in monetary policy implementation
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
Monetary policy implementation in recent years has largely centred on asset purchase programmes and long-term refinancing operations. As a result, the balance sheets of the Eurosystem national central banks have grown ...