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Editorial : Monetary policy tightening to bring inflation down to target – Managing energy crisis takes key role
(29.09.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Russia’s war in Ukraine is stifling the economy’s promising recovery following two years of the COVID-19 pandemic. The war has not only shaken the foundations of Europe’s security order but has also considerably weakened ...
Accessible summary : Energy crisis pushing up general price level – Adverse impact on economic growth still to come
(29.09.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Energy prices have risen substantially within the euro area. Natural gas and electricity, in particular, have become more expensive as a consequence of Russia’s war in Ukraine. The effects of the energy crisis on the economy ...
What is monetary policy normalisation?
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Surging inflation has triggered moves to normalise monetary policy. This means a tightening of financing conditions by raising key interest rates, among other things. Central banks are shifting from unconventional monetary ...
Bank of Finland Bulletin 4/2023 : Monetary policy review, October 2023 : Monetary policy and the global economy
(25.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
Will euro area inflation subside without a recession and excessive tightening of financing conditions?
(25.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
Inflationary pressures have proven persistent, but have eased as a result of tighter monetary policy and a fall in energy prices. The crucial question now is whether inflation can be brought down without disruption to the ...
Monetary policy measures have strengthened the anchoring of inflation expectations
(25.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
The tightening of monetary policy has stabilised inflation expectations. Inflation expectations have an impact on companies’ pricing decisions as well as on the results of wage negotiations. They therefore directly affect ...
Monetary policy tightening by the European Central Bank will bring inflation down to the target level : simply short
(03.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
Prices have been rising sharply across the euro area for an extended time already. This year, inflation, or the general rise in prices, has slowed because energy prices have fallen and the European Central Bank (ECB) has ...
ECB’s rapidly tightened monetary policy is being transmitted forcefully to the economy : editorial
(03.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
The global economy’s recovery from the consequences of the pandemic and of Russia’s war in Ukraine has continued to be slow and uneven. Growth in the global economy is also expected to continue at a slower rate than seen ...
Editorial : Subdued outlook for Finnish economy – Solutions required to long-term challenges
(19.12.2023)
Bank of Finland. Bulletin 5/2023
Bank of Finland. Bulletin 5/2023
The operating environment outside Finland has become difficult, and the outlook for the economy continued to deteriorate during the autumn. Finland’s economy is in recession and will continue to be weak across a broad front ...