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Don’t blame the mirror if your face is faulty – assessing the symmetry of the ECB's monetary policy responses
(16.08.2021)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The symmetry of the guideline for the monetary policy stance has recently attracted considerable attention in central banks’ communications. Both the Fed and the ECB have, in their recent strategy reviews, laid out that ...
On financial stability, monetary policy, and macroprudential policy
(24.09.2021)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Should monetary policy concern itself with financial stability? If yes, how should it do so? These are some of the questions tackled in the recently concluded monetary policy strategy review by the European Central Bank ...
The ECB’s strategy review work highlights an evolution of views on monetary-fiscal interactions
(22.09.2021)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
As a part of their recent monetary policy strategy review, the ECB set up a workstream for the purpose of reviewing interactions between monetary and fiscal authorities in the euro area. The findings of this workstream ...