This positive indirect impact is also taken into account in the forecast for Finnish exports. [SLIDE 22] Financial stability risks and macroprudential policy While the current monetary policy measures are necessary for the ECB to achieve its primary objective, the monetary policy stance may in some circumstances have unintended side effects on the financial system.
A key concern is that a prolonged period of accommodative monetary policy could result in a misallocation of resources that would ultimately undermine financial stability.