The Eurosystem comprises the national central banks (NCBs) of the euro area along with the European Central Bank (ECB). As a member of the Eurosystem, the Bank of Finland participates in preparation of the single monetary policy, related decision-making and implementation in the euro area.
The main objective of Eurosystem monetary policy is to maintain price stability in the euro area and thereby safeguard the purchasing power of the euro. In the euro area, price stability is best maintained by aiming for a 2% inflation target over the medium term.
