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Will euro area inflation subside without a recession and excessive tightening of financing conditions?
(25.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
Inflationary pressures have proven persistent, but have eased as a result of tighter monetary policy and a fall in energy prices. The crucial question now is whether inflation can be brought down without disruption to the ...
ECB’s rapidly tightened monetary policy is being transmitted forcefully to the economy : editorial
(03.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
The global economy’s recovery from the consequences of the pandemic and of Russia’s war in Ukraine has continued to be slow and uneven. Growth in the global economy is also expected to continue at a slower rate than seen ...
Savings help households cope with rising interest rates
(05.07.2023)
Bank of Finland. Bulletin 2/2023
Bank of Finland. Bulletin 2/2023
The rise in consumer prices and interest rates continues to put a strain on households this year. This is affecting households in a variety of ways, depending on their income, wealth and debt. The cost of living of low-income ...
Editorial : Finnish households’ purchasing power is improving - The economy’s long-term challenges are acute
(05.07.2023)
Bank of Finland. Bulletin 2/2023
Bank of Finland. Bulletin 2/2023
The Bank of Finland’s June forecast shows that the Finnish economy will shrink this year. Growth is being restrained across a broad front by the combination of inflation, which is slowing but still too high, tighter monetary ...
Back to the old normal? : Monetary policy implementation in a landscape of rising interest rates and a shrinking Eurosystem balance sheet
(07.09.2023)
Bank of Finland Bulletin. Analysis 3/2023
Bank of Finland Bulletin. Analysis 3/2023
The past two years have seen a strong surge in inflation. In response, the European Central Bank (ECB) has tightened its monetary policy considerably: the key ECB interest rates have been raised by altogether 4.25%, and ...