17 See Board of Governors (2019b). - 13 choosing its policy actions, and these actions can vary depending on economic circumstances in order to best achieve our dual-mandate goals. We are also considering whether our existing monetary policy tools are adequate to achieve and maintain maximum employment and price stability, or whether our toolkit should be expanded and, if so, how.
*  *  *  The cyclical analysis of the Chairmanship of the Danish Economic Council is in line with other analyses: the Danish economy is in an upswing, driven by strong growth in domestic demand. This contributes to bringing down unemployment and raising labour force participation.