IMF calls on Nordics to keep housing markets in check

Norges Bank could be forced to normalise policy rate above inflation target

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The International Monetary Fund (IMF) is lamenting that rising house prices "complicate" the conduct of monetary policy in Sweden and wants structural reforms in Norway to be geared towards supporting the transition to an economy "less dependent on oil and gas".

In two separate Article IV reports published on Friday, the fund called on Swedish authorities to impose macro-prudential measures targeted specifically at households and warned that Norges Bank could "eventually" be forced to raise its

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