Bank of Finland Bulletin 4/2023 : Monetary policy review, October 2023 : Monetary policy and the global economy

ECB’s rapidly tightened monetary policy is being transmitted forcefully to the economy 3
Monetary policy tightening by the European Central Bank will bring inflation down to the target level 7
Will euro area inflation subside without a recession and excessive tightening of financing conditions? 11
Monetary policy measures have strengthened the anchoring of inflation expectations 34

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