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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 ...
Euro area growth dependent on domestic demand
(21.03.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
The Governing Council of the ECB decided on an expanded asset purchase programme (EAPP) in January 2015. Purchases have thus far been conducted to a total value of almost EUR 780 billion. At its monetary policy meeting in ...
Editorial: How can we avoid a negative equilibrium of low growth and low inflation?
(03.10.2019)
Bank of Finland. Bulletin 4/2019
Bank of Finland. Bulletin 4/2019
Global economic growth began to moderate in early 2018. Industrial confidence has waned worldwide and global manufactures trade has seen its growth stall this year. Financial markets have avoided disruption for the time ...
Expansionary economic policy boosts growth
(27.04.2018)
Bank of Finland. Bulletin 1/2018
Bank of Finland. Bulletin 1/2018
The growth outlook for the global economy is strong. Growth is supported by a synchronized expansion in several key economic regions, accommodative monetary policy, and fiscal stimulus in the United States. China continues ...
Growth picking up but inflation remains subdued
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
Global economic growth is broadly based and brisk in the current year. World trade, in turn, is experiencing a growth spurt. At the same time, inflation remains subdued. After an upward spike stemming from oil prices at ...
Monetary policy exceptionally accommodative for a prolonged period
(24.09.2015)
Bank of Finland. Bulletin 4/2015
Bank of Finland. Bulletin 4/2015
The outlook for the global economy weakened during summer 2015. The sudden slowdown in economic growth in China was reflected in a considerable weakening of global stock markets and rising long-term interest rates. The ...
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 ...
Bank of Finland Bulletin 4/2023 : Monetary policy review, October 2023 : Monetary policy and the global economy
(25.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
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 ...