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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 ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 1/2017
(04.05.2017)
Bank of Finland. Bulletin 1/2017
Bank of Finland. Bulletin 1/2017
Changes in the economy challenge traditional methods of evaluating monetary policy
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
Euro area monetary policy has provided the economy with strong support in recent years. Many traditional guidelines used for evaluating the policy stance, such as the Taylor rule, would call for a more restrictive form of ...
US Federal Reserve normalising its monetary policy stance
(28.09.2017)
Bank of Finland. Bulletin 4/2017
Bank of Finland. Bulletin 4/2017
The US economy has recovered from the financial crisis. The unemployment rate in the United States has already fallen to the level prevailing before the financial crisis, and inflation has risen to a point close to the 2% ...
Continued accommodative monetary policy supports the return of the inflation rate towards the price stability objective
(27.04.2018)
Bank of Finland. Bulletin 1/2018
Bank of Finland. Bulletin 1/2018
Recent developments in the euro area and global economy have been favourable. In the euro area, economic growth is strong and broad-based, which is also reflected in decreasing unemployment. The output gap has closed in ...
Low inflation and interest rates challenge central banks to review their monetary policy strategies
(15.03.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Monetary policy strategy specifies the key principles that a central bank adheres to in pursuit of its objective. The primary objective of the ECB is to maintain price stability. Central banks’ operating environment has ...
Finland grows, and gathers more debt
(26.06.2017)
Bank of Finland. Bulletin 3/2017
Bank of Finland. Bulletin 3/2017
The economic upswing in Finland has strengthened, and growth particularly in the first part of 2017 has been strong in the light of the statistical data. Economic growth in recent years has rested exclusively on domestic ...
Monetary policy supports Finnish recovery
(09.06.2016)
Bank of Finland. Bulletin 3/2016
Bank of Finland. Bulletin 3/2016
The euro area economy continued to grow in 2015, and forecasts for 2016 indicate a continuation of this positive trend. The unemployment rate has come down gradually from its previous high level. Notwithstanding the ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 1/2018
(27.04.2018)
Bank of Finland. Bulletin 1/2018
Bank of Finland. Bulletin 1/2018
Outlook deteriorated rapidly : can this be turned around?
(03.04.2019)
Bank of Finland. Bulletin 1/2019
Bank of Finland. Bulletin 1/2019
Global economic growth is expected to remain somewhat slower in 2019 than the previous year. Growth is expected to abate gradually in the United States amid the fading effects of the fiscal stimulus. China’s economic growth ...