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Governor Liikanen: Anchoring inflation expectations is key to achieving sustainable growth in employment

are mutually reinforcing. While the outlook for growth has become more subdued, inflation in the euro area has gathered pace. Both food and fuel prices have risen as a consequence of rising w...

Bankoffinland.fi / Start page / Media and publications / Releases / 2008

Monetary policy supporting sustainable economic recovery and a brighter outlook for inflation

pressrelease1,Euro & talous,monetary policy,economy Monetary policy supporting sustainable economic recovery and a brighter outlook for inflation The global economy will recover from the CO...

Bankoffinland.fi / Start page / Media and publications / Releases / 2021

Continued accommodative monetary policy supports the return of the inflation rate towards the price stability objective

Bank of Finland Bulletin,monetary policy,asset purchase programme,inflation,Banking Union Economic growth in the euro area has been broad-based and even exceeded forecasts. Investment and co...

Bankoffinland.fi / Start page / Media and publications / Releases / 2018

Dräger_inflation_literacy_paper8.pdf

Inflation Literacy, Inflation Expectations, and Trust in the Central Bank: A Survey Experiment Lena Dräger∗ Giang Nghiem† March 27, 2023 Abstract This paper studies the cau...

Bankoffinland.fi / globalassets / en / research / seminars-and-conferences / conferences-and-workshops / documents

Monetary policy tightening by the European Central Bank will bring inflation down to the target level

pressrelease1,bank of finland bulletin,euro area,monetary policy,inflation,economic outlook Monetary policy tightening by the European Central Bank will bring inflation down to the ...

Bankoffinland.fi / Start page / Media and publications / Releases / 2023

Governor Olli Rehn: Monetary policy and the contemporary dynamics of inflation

Olli Rehn,Governor,speech,inflation,monetary policy Governor Olli Rehn: Monetary policy and the contemporary dynamics of inflation Governor Olli Rehn: Monetary policy and the conte...

Bankoffinland.fi / Start page / Media and publications / Speeches and interviews / 2022

How can we avoid a negative equilibrium of low growth and low inflation?

world economy,pressrelease1 How can we avoid a negative equilibrium of low growth and low inflation? At its meeting on 12 September 2019, the Governing Council of the ECB concluded that eco...

Bankoffinland.fi / Start page / Media and publications / Releases / 2019

Accommodative monetary policy to continue until a sustained adjustment in the path of inflation is reached

monetary policy,Erkki Liikanen,ECB,inflation,economic growth,Finland,euro area The euro area is experiencing broadly based economic growth. Confidence in the economy has increased and invest...

Bankoffinland.fi / Start page / Media and publications / Releases / 2017

Erkki Liikanen, Governor of the Bank of Finland: stability of inflation expectations is important

At its meeting on 1 December, the Governing Council of the European Central Bank (ECB) took the decision to increase the minimum bid rate by 0.25 percentage point to 2.25%. "Forward-looking monet...

Bankoffinland.fi / Start page / Media and publications / Releases / 2005

L'Huillier_Raising_the_Inflation_Target_11_15_22.pdf

Raising the Inflation Target: What Are the Effective Gains in Policy Room? Jean-Paul L’Huillier and Raphael Schoenle∗ November 16, 2022 Abstract The zero lower bound on interest rates h...

Bankoffinland.fi / globalassets / en / research / seminars-and-conferences / conferences-and-workshops / documents

Governor Liikanen: ‘Monetary policy in conditions of slow inflation and emerging economic growth’, Parliamentary Commerce Committee 24 May 2016

​​Public hearing of the Bank of Finland Governor on the Parliamentary Commerce Committee ‘Monetary policy in conditions of slow inflation and emerging economic growth’ Slides (in Finnish) (pd...

Bankoffinland.fi / Start page / Media and publications / Speeches and interviews / 2016

Governor Erkki Liikanen on the Finnish economy: In the next few years, growth will level off to 3% and inflation will remain moderate

continued to grow rapidly this year, but the period of fastest growth has already passed. In the United States, growth is slowing down. The Governing Council of the European Central Bank has tightened...

Bankoffinland.fi / Start page / Media and publications / Releases / 2006

2024-04-18_Citi-Macro-Forum_Olli-Rehn.pdf

218.4.2024 | Public | BOF/FIN-FSA-UNRESTRICTED Three periods of inflation in the euro era, 1999-2024 • ECB’s inflation target since 2021: symmetric target of 2% over the mediu...

Bankoffinland.fi / globalassets / fi / media-ja-julkaisut / puheet / documents

Governor Olli Rehn: Dialling back monetary restraint

us to this point over the past one and a half decades. Slide 3. Three periods of inflation in the euro era, 1999-2024 Let me illustrate this trajectory with a graph that neatly divides the la...

Bankoffinland.fi / Start page / Media and publications / Speeches and interviews / 2024

ECB Monetary policy decisions

medium-term inflation outlook. Inflation has continued to fall, led by lower food and goods price inflation. Most measures of underlying inflation are easing, wage ...

Bankoffinland.fi / Start page / Media and publications / News / 2024

2024-04-11-Ehrmann

research,research seminar,seminar MS Teams Michael Ehrmann (ECB) - The Effect of Monetary Policy on Inflation Heterogeneity Along the Income Distribution Research Seminar - Michael Ehrmann...

Bankoffinland.fi / Start page / Media and publications / Calendar / Events / Research seminars / 2024

Account of the monetary policy meeting, 6-7 March 2024

news on inflation had both been key factors in shaping financial market developments. In the case of the first factor, macroeconomic data surprises had moved into positive territory in the eu...

Bankoffinland.fi / Start page / Media and publications / News / 2024

Maritta Paloviita

Maritta Paloviita Senior Adviser Research inflation dynamics of the euro area, inflation expectations

Bankoffinland.fi / Start page / Experts_old

2024-05-06-Gibbs

research,research seminar,seminar MS Teams Christopher Gibbs (University of Sydney) - Optimal Monetary Policy when Expectations are Rational, Fixed, Learned, or Anything in Between Research Seminar - ...

Bankoffinland.fi / Start page / Media and publications / Calendar / Events / Research seminars / 2024

2024-02-15-Marencak

Slovakia) - State-dependent inflation expectations and consumption choices Research Seminar - Michal Marenčák (National Bank of Slovakia) - State-dependent inflation expectatio...

Bankoffinland.fi / Start page / Media and publications / Calendar / Events / Research seminars / 2024