Browsing by Author "Rehn, Olli"

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  • Rehn, Olli; Välimäki, Tuomas (2021)
    Euro & talous. Analyysi
    Digitalisaatio on muutosvoima, joka tuo mukanaan mahdollisuuksia niin rahoitusalalle kuin muillekin talouden osa-aluille. Sen myötä myös maksamisen tavat muuttuvat. Tämä on näkynyt muun muassa käteisen käytön supistumisena maksamisessa. Koronapandemia on nopeuttanut entisestään maksamisen murrosta meillä Suomessa ja laajemminkin euroalueella.
  • Rehn, Olli (2020)
    Euro & talous. Blogi
    Teknologiset innovaatiot ovat nopeasti muuttaneet kuluttajien tapoja maksaa viime vuosien aikana. Lähimaksut, verkko-ostokset ja kustannusten jakaminen reaaliaikaisilla siirroilla omasta kännykästä ovat monille arkipäivää.
  • Rehn, Olli (2019)
    Bank of Finland Bulletin. Blog
    Conducting monetary policy in the current low inflation and low interest rate environment is a case apart, unlike the ‘old normal’. The Bank of Finland organized an international research conference to discuss this dilemma, and two key topics in particular: the challenges of monetary policy and the future of European Monetary Union.
  • Rehn, Olli (2021)
    Bank of Finland. Bulletin 3/2021
    According to the Bank of Finland’s new forecast, the COVID crisis will not cause a substantial long-term drop in the Finland’s GDP. This is clearly good news. Generally, when the economy returns to growth following a deep economic crisis, output does not return to the pre-crisis trend, but to a lower trajectory. This time we expect the outcome will be better. In this respect, the extensive, strong economic policy response to the crisis can be considered a success. The public finances will, however, be left with a long-term scar.
  • Rehn, Olli (2020)
    Bank of Finland. Bulletin 6/2020
    Economic policy in Finland must now find a way to live in two time periods at once. While we are currently combating an acute crisis, we must at the same time direct our thinking strongly towards the economic challenges of the post-crisis years. It is essential to both support businesses, households and economic recovery, while at the same time strengthening the conditions for sustainable, balanced economic growth and improved employment in the years ahead.
  • Rehn, Olli (2019)
    Bank of Finland. Bulletin 5/2019
    The Finnish economy is still going through a period of transition in which it has to adjust to two large structural realignments. One of these concerns the ageing population. The other comprises the shocks to the economy suffered since 2007, from which we have not yet fully recovered.
  • Rehn, Olli (2020)
    Bank of Finland. Bulletin 5/2020
    The lockdown measures introduced to contain the global health crisis posed by the coronavirus pandemic led to a sharp contraction in economic activity during the second quarter of 2020. The world economy has already entered a fragile recovery, but one that will take a long time.
  • Rehn, Olli (2018)
    Bank of Finland. Bulletin 4/2018
    The euro area's growth rate is set to moderate to approximately 2%. A reduction in unemployment has created suitable conditions for accelerated wage growth and a return in the path of inflation to the policy objective of below, but close to, 2%. At its monetary policy meeting in June 2018, the Governing Council of the ECB took policy decisions spanning a period of over one year, at least through the summer of 2019. The Governing Council announced that monetary policy will continue to remain accommodative for an extended period, even if monetary policy has entered a path of gradual normalisation.
  • Rehn, Olli (2021)
    Bank of Finland. Bulletin 4/2021
    Growth in the euro area economy is expected to be brisk this year and in 2022 as economies are opened up, strong support is provided by economic policies and the global economy recovers. The rebound from an exceptionally severe and sudden crisis has been quick. The COVID-19 pandemic is not over yet though, and the spread of the Delta variant appears to have dampened the upward economic trend over the summer. But in developed economies with a high vaccination coverage the impact is not expected to be prolonged or of great significance.
  • Rehn, Olli (2021)
    Bank of Finland. Bulletin 5/2021
    Economic recovery in the euro area and Finland is continuing, although the most rapid phase of growth is beginning to fade. Finland has come through the COVID-19 pandemic better than initially feared, thanks largely to the focus on behaving responsibly towards each other. Bringing the pandemic under control remains central, both in terms of people’s health and for the economy. Nevertheless, the pandemic will continue to strongly influence our lives, and we will still need to exercise responsibility in the future.
  • Rehn, Olli (2020)
    Bank of Finland. Bulletin 3/2020
    The corona pandemic serves as a reminder that healthy public finances provide an irreplaceable shield when we hit hard times. It is now important to both time and target the fiscal policy stimulus effectively and take forward structural reforms. Finland’s labour market, too, has a vital role to play as the economy enters the recovery phase.
  • Rehn, Olli (2019)
    Bank of Finland. Bulletin 4/2019
    Global economic growth began to moderate in early 2018. Industrial confidence has waned worldwide and global manufactures trade has seen its growth stall this year. Financial markets have avoided disruption for the time being, but the widening trade war has already slowed the expansion of the global economy.
  • Rehn, Olli (2018)
    Bank of Finland. Bulletin 5/2018
    Finland's economy will continue to grow, although its pace of expansion has for the time being moved past its peak. Growth is similarly expected to continue in the euro area; however, its inflationary outlook still calls for an accommodative monetary policy. Interest rate levels will therefore remain low, supporting growth conditions also in Finland. Risks to the global economy cast uncertainty over the economic outlook.
  • Rehn, Olli (2019)
    Bank of Finland. Bulletin 3/2019
    Active measures to strengthen the public finances should be taken when the economy is in good heart.
  • Rehn, Olli (2021)
    Euro & talous. Blogi
    Olemme jälleen vedenjakajalla koronakriisissä. Kun tätä epäilemättä monien hermoihin käyvää pandemiaa on jouduttu elämään jo yli vuoden verran, on taisteluväsymyksen viimeaikainen lisääntyminen ymmärrettävää. Kyllähän tämä tilanne meitä kaikkia turhauttaa.
  • Rehn, Olli (2019)
    Euro & talous. Blogi
    Maailmantalouden näkymien heikkeneminen ja epävarmuuden kasvu välittyvät tällä hetkellä Suomen talouteen voimakkaammin kuin yleisesti on arvioitu.
  • Rehn, Olli (2021)
    Euro & talous. Blogi
    Maailmantalouden elpyminen globaalista terveys- ja talouskriisistä on vahvistumassa. Tällä viikolla pidettyjä Kansainvälisen valuuttarahaston (IMF) ja Maailmanpankin virtuaalisia kevätkokouksia hallitsi kuitenkin elpymisnäkymien kasvava eriytyminen ja epätahtisuus. Iso joukko köyhimpiä kehitysmaita ja keskituloisia kehittyviä talouksia uhkaa jäädä jälkeen globaalilla elpymispolulla.
  • Rehn, Olli (2017)
    Kun Euroopan unionin uudistaminen alkaa, Suomen ei kannata ryhtyä siilipuolustukseen vaan toimia aloitteellisesti euroalueen vahvistamiseksi.
  • Rehn, Olli (2021)
    Euro & talous. Blogi
    Kestävän kehityksen mukainen, vastuullinen sijoitustoiminta on arkipäivää monissa keskuspankeissa, kuten Suomen Pankissa. Mutta yhteistyö on voimaa myös ilmastonmuutoksen torjunnassa ja luonnon monimuotoisuuden säilyttämisessä.