välitysvaikutuksesta
Välitysvaikutus, known in English as the transmission mechanism or transmission effect, describes the process through which monetary policy decisions influence the broader economy. It's not a single event but rather a series of channels and linkages that translate changes in interest rates or other monetary policy tools into altered levels of inflation, output, and employment.
Central banks utilize välitysvaikutus to steer economic activity. When a central bank decides to lower interest
The primary channels of välitysvaikutus include the interest rate channel, the credit channel, the exchange rate