Blog The pandemic hits monetary policy in India In the short term, the main uncertainty is how fast India recovers from the pandemic. Share Email Twitter Facebook Linkedin Google+
Economic uncertainty continues, recovery expected to be uneven The corona pandemic has seriously weakened the euro area economy and the outlook remains uncertain. Recovery will be affected by e.g. how successful the balance between the virus and the economy turns out to be, and how quickly confidence improves. Share Email Twitter Facebook Linkedin Google+
Recession followed by slow recovery According to the Bank of Finland’s assessment, Finnish GDP will contract by 4.7% in 2020. Even though the recession appears to be shallower than feared in the spring, it is still deep, and recovery will be slow. Share Email Twitter Facebook Linkedin Google+
Monetary policy is supporting economic recovery — but the outlook for employment remains weak Monetary accommodation has opened up space for other economic policies in the euro area, which needs to be put to good use by pursuing economic reforms. Productivity and employment growth ultimately rest on our ability to reform. Share Email Twitter Facebook Linkedin Google+
Recent economic crises have modified the Bank of Finland's market operations In recent years central banks have eased monetary policy by conducting large-scale asset purchases and offering banks credit on affordable terms. These measures promote price stability and facilitate economic growth and employment. Share Email Twitter Facebook Linkedin Google+