Liikanen calls for ‘precise’ communication at point of exit


Erkki Liikanen, the Bank of Finland governor, believes central banks will have to respond to the "turning point" of monetary policy with "precise communication" if they are to keep markets calm.

Liikanen told the Paasikivi Society that, although it remains "on the distant horizon", it is vital that central banks get their communication right as they approach the turning point of policy – the unwinding of asset purchases and the normalisation of interest rates.

Liikanen praised the European

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