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Viitteet 21-30 / 63
Monetary policy to be normalised gradually and in a predictable manner
(18.10.2018)
Bank of Finland. Bulletin 4/2018
Bank of Finland. Bulletin 4/2018
The Governing Council of the ECB anticipates that net asset purchases under the asset purchase programme (APP) will be phased out by the end of 2018. The decision can be seen as a first step towards normalisation of monetary ...
TARGET2 balances – a truth more boring than fiction?
(18.10.2018)
Bank of Finland. Bulletin 4/2018
Bank of Finland. Bulletin 4/2018
As a result of the euro area sovereign debt crisis, the Eurosystem's internal receivables and liabilities have risen from the depths of technical details into headlines. What are these much discussed TARGET2 balances, and ...
Editorial : Monetary policy normalisation to proceed carefully and with measured pace
(03.10.2018)
Bank of Finland. Bulletin 4/2018
Bank of Finland. Bulletin 4/2018
The euro area's growth rate is set to moderate to approximately 2%. A reduction in unemployment has created suitable conditions for accelerated wage growth and a return in the path of inflation to the policy objective of ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 4/2017
(11.10.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
Favourable developments and new concerns in the global economy
(13.04.2017)
Bank of Finland. Bulletin 1/2017
Bank of Finland. Bulletin 1/2017
Global economic growth will strengthen from its 2016 level and continue at an annual pace of over 3% in the years 2017–19. Improvements in confidence in the United States and elsewhere will boost economic growth in the ...
The natural rate of interest – a useful but uncertain indicator for the economy
(12.10.2016)
Bank of Finland. Bulletin 4/2016
Bank of Finland. Bulletin 4/2016
The natural rate of interest is the real interest rate that brings the economy into equilibrium and would prevail if the output of the economy were at its potential level, i.e. in a situation where the economy is neither ...
Inflation outlook requires accommodative monetary policy
(22.03.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
The slowdown in the growth rates of world trade and the emerging economies as well as increased financial market uncertainties have overshadowed euro area economic activity. World trade growth is dampened particularly by ...
Monetary policy supports growth in conjunction with other economic policy
(29.09.2016)
Bank of Finland. Bulletin 4/2016
Bank of Finland. Bulletin 4/2016
Thanks to the Eurosystem’s comprehensive monetary policy measures, monetary conditions in the euro area have been favourable. This is supporting recovery in the euro area economy. Euro area GDP is, in fact, expected to ...
Commitment to accommodative monetary policy benefits economic outlook
(18.05.2015)
Bank of Finland. Bulletin 1/2015
Bank of Finland. Bulletin 1/2015
Euro area inflation, core inflation and both short and long-term inflation expectations declined strongly during the second half of 2014. As a result of the prolonged period of exceptionally weak price developments, the ...
Post-crisis monetary policy modelling
(27.04.2018)
Bank of Finland. Bulletin 1/2018
Bank of Finland. Bulletin 1/2018
In the aftermath of the global financial crisis many central banks cut their policy rates close to zero or even below and introduced non-standard monetary policy measures. The financial crisis and the European debt crisis ...