Bank of Finland articles on the economy
Bank of Finland Bulletin 5/2018 - Economic forecast for the Finnish economy
Published 10 Jan 2019
pdf, 3.29 MB
Bank of Finland Bulletin 4/2018 - Monetary policy and the global economy
Published 18 Oct 2018
pdf, 5.59 MB
Now is the time to strengthen the public finances and the foundations for productivity growth18 Dec 2018, Bank of Finland Bulletin 5/2018
The euro area’s monetary policy stance is conducive to economic growth and employment in Finland.
Monetary policy normalisation to proceed carefully and with measured pace4 Oct 2018, Bank of Finland Bulletin 4/2018
In times of uncertainty, prudence is justified in the normalisation of monetary policy.
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File size and format – pdf, 3.62 MB
The euro area economy is growing, supported by monetary policy. Confidence in the economy is strong, and investment and employment are both growing. On the other hand, there still remain problems from the financial and debt crises, and the pace of structural reform has slowed.
The global economy is experiencing brisk, broadly based growth in the current year. World trade is undergoing a growth spurt. At the same time, inflation remains sluggish.
How would a rapid but controlled restructuring of China’s economy or a sudden halt to debt-driven growth affect the Chinese and euro area economies?
The US economy has recovered from the financial crisis. Beginning in October, the Fed will reduce the holdings of securities on its balance sheet that it had purchased in its securities purchase programmes.
A number of variations can be formed of the Taylor rule, all of which are simplifications. Monetary policy decisions cannot, however, be taken solely on the basis of simple rules.
Labour productivity growth has slowed in many advanced economies. Is this phenomenon temporary or permanent, and what is the cause?
The amount of underutilized domestic capacity is expected to gradually be taken up, and the global economy's generally favourable outlook will support growth in the euro area. Together these factors support expectations that the inflation rate will slowly return to the policy objective.
By promising low interest rates in the future, a central bank can provide stimulus for the economy today. The effectiveness of this kind of forward guidance can be assessed by the impact it has on market expectations regarding interest rates.
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