Finland board member considers changing role of central banks
Seppo Honkapohja, a member of the board of the Bank of Finland, delivered a speech on June 5 considering the changing role of central banks.
Speaking at the Conference on Financial and Macroeconomic Stability in Istanbul, Honkapohja explained the financial crisis that first emerged in 2007 has caused a blurring of the boundaries between fiscal and monetary policy, and as created an additional mandate for central banks to regulate financial markets.
Citing the example of the European Central Bank
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