- That’s reassuring then
Bank of Finland head on speaking to parliament in Helsinki
- latest measures are intended to lower rates, foster lending, price stability
- ECB mandate doesn’t limit measures
- price expectations are subdued
- says that “surely” there’s room to stimulate economy
- unfavourable data triggered ECB action
- geopolitical crises impact economic outlook
EURUSD still 1.2887
- monetary policy environment very challenging
- transmission has been uneven
- growth outlook subdued in Eurozone
Move over Erkki. We want Markki!!
