Karolina Ekholm argued for looser monetary policy for almost three years on the Swedish Riksbank’s board. Her perseverance, grounded in scholarly analysis of global trends, is now bearing fruit.
Sweden’s central bank may be on the path toward monetary easing after naming two board members who signaled they will focus more on below-target inflation than credit growth.
Sweden risks damaging its status as a haven for international investors as opposition parties put up their biggest fight yet to block a key part of the minority government’s budget.
Jimmie Aakesson , the leader of Sweden’s anti-immigrant party, had the makeup lounge all to himself before an election-night television appearance. The reason was that a rival party head refused even to be in the same room.
Sweden’s central bank will need to compensate for keeping rates too high by delaying a planned tightening cycle as its actions keep inflation below target, Deputy Governor Martin Floden said.