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.
Current topics in monetary policy
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ECB Monetary policy decisions -
Future implementation of Eurosystem monetary policy will need to remain flexible -
Board Member Tuomas Välimäki: Monetary policy implementation in a landscape of rising interest rates and a shrinking Eurosystem balance sheet -
ECB Monetary policy decisions -
Finnish households’ purchasing power is improving – The economy’s long-term challenges are acute