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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 ...
International economy making swift recovery from COVID-19 crisis, but there’s still some way to go
(12.10.2021)
Bank of Finland. Bulletin 4/2021
Bank of Finland. Bulletin 4/2021
The international economy is recovering from the COVID-19 crisis. Recovery is underpinned by the rising vaccination coverage and accommodative monetary policies. The steep contraction in the international economy last year ...
Editorial : Recovery continues – monetary policy under conflicting pressures
(22.12.2021)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Economic recovery in the euro area and Finland is continuing, although the most rapid phase of growth is beginning to fade. Finland has come through the COVID-19 pandemic better than initially feared, thanks largely to the ...
Euro area set to recover
(02.10.2015)
Bank of Finland. Bulletin 4/2015
Bank of Finland. Bulletin 4/2015
Monetary policy in the euro area has been highly accommodative in recent years. The accommodative stance has also been reflected in banks’ lending rates. The transmission of monetary policy has become more effective, ...
Is the euro area at risk of Japanese-style deflation?
(20.03.2015)
Bank of Finland. Bulletin 1/2015
Bank of Finland. Bulletin 1/2015
Euro area inflation has long been below the European Central Bank’s objective for price stability and has continued to slow in recent months. This has given rise to heightened concerns that the euro area could soon be ...
On the merits of calendar-based forward guidance
(07.09.2015)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The existence of a lower bound for nominal interest rates complicates the monetary policy. Central banks have lately tried to circumvent this problem by applying non-standard monetary policy measures.
Abenomics: three years – the big ship turns slowly
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
For the past three years or so, Japan has pursued an economic policy named after Prime Minister Abe as abenomics, with the intention of putting the country back on a path of sustainable economic growth via expansionary ...