Finland’s Liikanen calls for equal transmission of monetary policy

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The governor of the Bank of Finland, Erkki Liikanen, today (September 12) discussed the role of the European Central Bank's (ECB) bond purchase programme in ensuring effective transmission of monetary policy.

Speaking at a briefing for the Bank of Finland journal Euro & talous, the governor said the price and availability of funding should not be determined by "unfounded risk premia", including those stemming from the perceived risk of a eurozone break-up.

Liikanen, who sits on the ECB governing

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