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Bank of Finland Bulletin : Bank of Finland articles on the economy 3/2022
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Energy will dominate euro area’s economic outlook for a long time yet
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
The euro area has been drawn into an energy crisis that could have a long-term impact on the area’s economy. The escalating price of energy is increasing euro area import prices, weakening the current account and further ...
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 ...
India’s economy emerges from the pandemic
(10.03.2022)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Based on the first advance estimates for the fiscal year 2021–22, economic activity in India has returned to pre-pandemic levels. Like many other countries, the Asian economic giant has been hit hard by the COVID-19 pandemic. ...
The stagflation beast is stirring : Is it back to the ‘70s?
(22.04.2022)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Back to the ‘70s? I’m referring to the talk in Europe and elsewhere of ‘stagflation’, a toxic blend of sluggish economic growth, escalating unemployment and simultaneously surging inflation.
Editorial : Ukraine war blurring economic outlook – ECB monetary policy normalisation continues
(21.06.2022)
Bank of Finland. Bulletin 2/2022
Bank of Finland. Bulletin 2/2022
Russia’s cruel and senseless war in Ukraine is causing great destruction and suffering. The war’s impacts are being felt around the world, and people are having to pay higher prices for energy and food. Growth in Finland’s ...
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 ...
Editorial : Conditions for sustainable economic growth must be ensured
(15.12.2022)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
The downside is that Finland’s general government debt ratio has grown significantly. The Bank of Finland estimates that the country’s public debt this year amounts to about 72% of gross domestic product (GDP), and that ...