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Viitteet 1-10 / 11
Bank of Finland forecast: Slowing growth in the shadow of global uncertainties
(03.07.2019)
Bank of Finland. Bulletin 3/2019
Bank of Finland. Bulletin 3/2019
Finland’s economic growth will slow in the forecast period to close to its potential rate. GDP will grow 1.6% in 2019 and 1.5% in 2020. Thereafter, the pace of growth will ease to 1.3% in 2021.
Low inflation and interest rates challenge central banks to review their monetary policy strategies
(15.03.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Monetary policy strategy specifies the key principles that a central bank adheres to in pursuit of its objective. The primary objective of the ECB is to maintain price stability. Central banks’ operating environment has ...
Outlook deteriorated rapidly : can this be turned around?
(03.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Global economic growth is expected to remain somewhat slower in 2019 than the previous year. Growth is expected to abate gradually in the United States amid the fading effects of the fiscal stimulus. China’s economic growth ...
European Central Bank strengthens monetary policy accommodation : ECB monetary policy strategy needs to be reviewed
(15.03.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
The first months of 2019 have confirmed that global economic activity has undergone a change for the worse. Political uncertainty and trade tensions have eroded the outlook for the economy. However, at present, this change ...
The ECB's targeted longer-term refinancing operations have increased bank lending to the private sector
(04.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
In recent years, the ECB has supported bank lending in the euro area by offering long-term financing to banks. The aim of the longer-term refinancing operations (LTROs), the most recent one in particular, was to encourage ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 1/2019
(03.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Discussing monetary policy frameworks in Helsinki
(08.07.2019)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Conducting monetary policy in the current low inflation and low interest rate environment is a case apart, unlike the ‘old normal’. The Bank of Finland organized an international research conference to discuss this dilemma, ...
Euro area productivity growth could slow further in the event of a downturn
(03.10.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
The euro area productivity slowdown in the early 2000s can mainly be attributed to weakening innovation. However, since 2008 productivity growth has slowed due to a crisis-induced drop in technology adoption. This implies ...
Slightly negative central bank interest rates ease financial conditions
(12.11.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
Negative interest rates have been an integral part of the ECB's overall monetary accommodation for just over five years now. The ECB lowering its deposit facility below zero has especially reduced the cost of market-based ...
The Eurosystem’s two-tier system for remunerating excess liquidity holdings
(12.11.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
As a part of the broad monetary policy stimulus package introduced at its September meeting, the Governing Council of the ECB decided to introduce a two-tier system for reserve remuneration. The goal of the system is to ...