Balance sheet risks in monetary policy implementation
(11.09.2020)
Volyymi
94Numero
4/2020Julkaisija
Bank of Finland
2020
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-202009252377Tiivistelmä
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.
Julkaisuhuomautus
The accessible version of the article: https://www.bofbulletin.fi/en/2020/4/balance-sheet-risks-in-monetary-policy-implementation/