Overheating of global financial market could also have a destabilising impact on Finland
Esala, Lauri; Mäki-Fränti, Petri; Taipalus, Katja (09.06.2015)
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201506101278
An overheating of the international financial markets would spread to Finland, too, pushing up asset prices and possibly boosting the supply of loans. From a macroprudential perspective, strong growth in both these indicators would increase domestic vulnerabilities. The financial crisis has increased the understanding of cross-border stability risks, but the tools for mitigating these risks remain insufficient.