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Editorial : Monetary policy tightening to bring inflation down to target – Managing energy crisis takes key role
(29.09.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Russia’s war in Ukraine is stifling the economy’s promising recovery following two years of the COVID-19 pandemic. The war has not only shaken the foundations of Europe’s security order but has also considerably weakened ...
Accessible summary : Energy crisis pushing up general price level – Adverse impact on economic growth still to come
(29.09.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Energy prices have risen substantially within the euro area. Natural gas and electricity, in particular, have become more expensive as a consequence of Russia’s war in Ukraine. The effects of the energy crisis on the economy ...
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 ...