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.
A week of riots in Stockholm has torn a hole in Sweden’s image as a beacon of social harmony.
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.
As the euro region tightens its belt to draw a line under its three-year debt crisis, the architect of Sweden’s budget framework says it’s time for the Scandinavian nation to go the other way.