Balance sheet risks in monetary policy implementation

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Titel: Balance sheet risks in monetary policy implementation
Institution: Bank of Finland
Serie: Bank of Finland. Bulletin
Serievolum: 94
Serienumber: 4/2020
Utgivningsår: 2020
Utgivningsdatum: 11.9.2020
Sidor: 21-22
Subject (yso): rahapolitiikka; taseet; keskuspankit; riskit
Nyckelord: COVID-19; korona; Suomen Pankki; taseriskit
Andra nyckelord: corona; monetary policy; balance sheet risk; balance sheet; central banks
Abstrakt: Monetary policy implementation in recent years has largely centred on asset purchase programmes and long-term refinancing operations. As a result, the balance sheets of the Eurosystem national central banks have grown significantly, while balance sheet risks related to monetary policy implementation have increased.
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