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Governor Olli Rehn Bank of Finland Opening Remarks at the National University of Singapore, Singapore, 7 November 2019 Presentation slides (PDF) Global and European Economy from the Finnish Perspective Ladies and Gentlemen, It is my great pleasure to be here in Singapore today and have the chance to discuss the economic outlook and monetary policy with you. Singapore is a small and very open economy with a financial system that is highly integrated into the international financial markets. With...


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Governor Olli Rehn Bank of Finland                                    Opening remarks at the Economic Policy Panel at the Bank of Finland Helsinki, 10 October 2019 On conventional and unconventional monetary policies Ladies and Gentlemen, Dear Colleagues and Friends, It is my great honour and pleasure to welcome you to the 70th Economic Policy Panel Meeting. Economic Policy – the journal, that is – has had an invaluable impact on economists and policymakers in Europe since...


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of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 11-12 September 2019 1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the financial market developments since the Governing Council’s previous monetary policy meeting on 24-25 July 2019. Global financial markets had undergone a strong correction over the summer, which bore a close resemblance to the episode...


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Governor Olli Rehn Bank of Finland Opening remarks, Eurofi Financial Forum 2019 Helsinki, 11 Sept 2019 Which economic and financial priorities for fostering growth and innovation in the EU? Ladies and Gentlemen, Dear Colleagues and Friends, It is my great pleasure to welcome you to Helsinki and to the Eurofi Financial Forum 2019. Helsinki is a major Nordic financial centre and Finland is an active founding member of the EMU and the Banking Union. Moreover, central banking has a long history in...


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Governor Olli Rehn Bank of Finland The Bank of Finland seminar on Technological Upheaval and Labour Markets Helsinki, 2 September 2019 OPENING REMARKS AT THE BANK OF FINLAND SEMINAR ON ‘TECHNOLOGICAL UPHEAVAL AND LABOUR MARKETS’ Ladies and Gentlemen, It is a great pleasure to welcome all of you to this seminar at the Bank of Finland. Today we are addressing a very timely subject: technological upheaval and the labour markets. Let me point out that this seminar has two parallel origins...


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of the Governing Council of the European Central Bank, held in Frankfurt am Main on Wednesday and Thursday, 24-25 July 2019 1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the financial market developments since the Governing Council’s previous monetary policy meeting on 5-6 June 2019. Sovereign bond yields had temporarily fallen to multi-year lows in the United States, the United Kingdom and Japan, and to new...


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Governor Olli Rehn Bank of Finland Federal Reserve Bank of Dallas , August 19, 2019 Global economic outlook: a European perspective I would like to thank the Dallas Committee on Foreign Relations and the Federal Reserve Bank of Dallas for your kind invitation to give a talk here today. It is a great pleasure to have the chance to discuss the economy and monetary policy in such company. I will start with some thoughts about life in a monetary union that is something that unites us, as Texas is a...


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Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 25 July 2019 Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by the Commission Vice-President, Mr Dombrovskis. Based on our regular economic and monetary analyses, we decided to keep the  key ECB interest rates  unchanged. We expect them...


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1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the latest financial market developments. Since the Governing Council’s previous monetary policy meeting on 9-10 April 2019, US trade negotiations with both China and Mexico had progressively deteriorated, negatively impacting global equity markets and pushing equity risk premia higher. Bond yields had declined to multi-year lows. In foreign exchange markets, the...


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Governor Olli Rehn Bank of Finland Opening remarks at the Bank of Finland Conference on Monetary Policy and Future of European Monetary Union in Helsinki on 1 July 2019 Helsinki, 1 July 2019 Challenges of Monetary Policy – Past, Present, Future Dear Colleagues and Friends, Ladies and Gentlemen, It is my great pleasure to welcome all of you to Helsinki and the Bank of Finland, and to our Conference on Monetary Policy and the Future of European Monetary Union. I am delighted to welcome our...


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Euroopan uuden työviranomaisen asemapaikaksi on valittu Slovakian pääkaupunki Bratislava. Työviranomainen aloittaa toimintansa lokakuussa 2019. European Labour Authority (ELA) työviranomaisen toimivaltaan kuuluu sekä työvoiman vapaaseen liikkuvuuteen että EU:n sosiaaliturva-asetuksiin liittyvät asiat. ELA tekee yhteistyötä muun muassa sosiaaliturvan yhteensovittamisen hallintotoimikunnan kanssa. Työviranomaisen toiminta käynnistyy ensi lokakuussa. Täydessä toiminnassa ELA:n on...


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Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Vilnius, 6 June 2019 Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. I would like to thank Chairman of the Board Vasiliauskas for his kind hospitality and express our special gratitude to his staff for the excellent organisation of today’s meeting of the Governing Council. We will now report on the outcome of our meeting. Based on our regular economic and...


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Pääjohtaja Olli Rehn Suomen Pankki Tervehdyspuheenvuoro Teollisuusliiton valtuuston juhlaseminaarissa Helsinki Congress Paasitorni, Helsinki, 4.6.2019 tervehdyspuheenvuoro Teollisuusliiton valtuuston juhlaseminaarissa Arvoisat Teollisuusliiton valtuuston jäsenet, hyvät naiset ja miehet, Lämmin kiitos kutsusta tähän kunniakkaan Teollisuusliiton 100-vuotisjuhlaan. Kiitän myös mahdollisuudesta esittää valtiovallan tai pikemminkin ”parlamentin pankin” eli Eduskunnan valvoman Suomen...


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1. Review of financial, economic and monetary developments and policy options Financial market developments The Vice-President, standing in for Mr Cœuré, reviewed the latest financial market developments. Since the Governing Council’s previous monetary policy meeting on 6-7 March 2019, global risk sentiment had improved across various market segments. Equity market indices had continued to rise, recording one of the strongest first quarter performances since the global financial crisis...


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Governor Olli Rehn Bank of Finland “Waiting for Populism? Problems of Interpretation and Policy Issues: Four Lectures and a Conversation”, Central Bank of Malta Valletta, 9 May 2019 Slides (pdf) Living with populism: reflections on the economy and democracy in Europe Ladies and Gentlemen, Dear Friends, Let me first wish you a very good Schuman Day – or Europe Day. It is a great pleasure and honour to meet and talk with you today. It is indeed appropriate that precisely on the Schuman Day...


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Governor Olli Rehn Bank of Finland Dinner speech at the symposium organized by Riksbanken of Sweden and the U.S. National Association of Business Economics (NABE) on Global Economics at the Crossroads: Growing Together While Growing Apart Operaterassen, Stockholm, 2 May 2019 European Economic and Monetary Policy Outlook Mina damer och herrar, bästa vänner, Ett stort tack för inbjudan till Stefan Ingves och Riksbanken. Det är alltid jättefint att besöka Stockholm, särskilt för en gammal...


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