Exceptional condition of economy and financial markets poses unforeseen risks

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Title: Exceptional condition of economy and financial markets poses unforeseen risks
Author: Hakkarainen, Pentti
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 89
Series number: 2/2015
Year of publication: 2015
Publication date: 21.5.2015
Pages: 4-6
Keywords: vakausuhat; rahoitusvakaus; makrovakausvälineet; makrovakauspolitiikka
Other keywords: stability threats; stability; macroprudential policy
Abstract: Finland’s financial markets are, on the whole, stable. Nevertheless, the concentrated nature of the banking system, the accumulation of housing debt and an environment of low interest rates expose the economy and the financial system to potential problems. Moreover, the exceptional economic and financial market situation brings new, unforeseen risks in addition to the already identified vulnerabilities. This requires particular vigilance from economic policy-makers and other authorities.
Note: Editorial
Link: http://www.bofbulletin.fi/
Rights: https://helda.helsinki.fi/bof/copyright


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