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ECB’s expanded asset purchase programme has supported growth in Finland
(27.01.2017)
Bank of Finland. Bulletin 5/2016
Bank of Finland. Bulletin 5/2016
The expanded asset purchase programme (EAPP) has had a significant positive impact on macroeconomic developments in Finland. The ECB’s decisions of December 2015 and March 2016 are forecast to boost Finland’s GDP by ...
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 ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 4/2017
(11.10.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
Favourable developments and new concerns in the global economy
(13.04.2017)
Bank of Finland. Bulletin 1/2017
Bank of Finland. Bulletin 1/2017
Global economic growth will strengthen from its 2016 level and continue at an annual pace of over 3% in the years 2017–19. Improvements in confidence in the United States and elsewhere will boost economic growth in the ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 1/2017
(04.05.2017)
Bank of Finland. Bulletin 1/2017
Bank of Finland. Bulletin 1/2017
Changes in the economy challenge traditional methods of evaluating monetary policy
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
Euro area monetary policy has provided the economy with strong support in recent years. Many traditional guidelines used for evaluating the policy stance, such as the Taylor rule, would call for a more restrictive form of ...
US Federal Reserve normalising its monetary policy stance
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
The US economy has recovered from the financial crisis. The unemployment rate in the United States has already fallen to the level prevailing before the financial crisis, and inflation has risen to a point close to the 2% ...
Finland grows, and gathers more debt
(26.06.2017)
Bank of Finland. Bulletin 3/2017
Bank of Finland. Bulletin 3/2017
The economic upswing in Finland has strengthened, and growth particularly in the first part of 2017 has been strong in the light of the statistical data. Economic growth in recent years has rested exclusively on domestic ...
Growth picking up but inflation remains subdued
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
Global economic growth is broadly based and brisk in the current year. World trade, in turn, is experiencing a growth spurt. At the same time, inflation remains subdued. After an upward spike stemming from oil prices at ...
Are market expectations in line with the forward guidance of the ECB?
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
By promising low interest rates in the future, a central bank can provide stimulus for the economy today. The effectiveness of this kind of forward guidance can be assessed by the impact it has on market expectations ...