Bank of Finland Bulletin: Bank of Finland articles on the economy 4/2019
(12.11.2019)
Volyymi
93Numero
4/2019Julkaisija
Bank of Finland
2019
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201912301733Sisällysluettelo
Editorial: How can we avoid a negative equilibrium of low growth and low inflation? 3
Only very subdued growth in sight 6
The trade war has significantly weakened the global economy 35
The Eurosystem’s two-tier system for remunerating excess liquidity holdings 43
Slightly negative central bank interest rates ease financial conditions 47
Euro area productivity growth could slow further in the event of a downturn 59
Only very subdued growth in sight 6
The trade war has significantly weakened the global economy 35
The Eurosystem’s two-tier system for remunerating excess liquidity holdings 43
Slightly negative central bank interest rates ease financial conditions 47
Euro area productivity growth could slow further in the event of a downturn 59