Riksbank dissenters raise range of concerns
Martin Flodén, Henry Ohlsson and Cecilia Skingsley raised objections
Deputy governors Martin Flodén, Henry Ohlsson and Cecilia Skingsley each voted on December 20, 2016, against the expansion of the Swedish central bank's asset purchase programme for a variety of reasons, according to minutes published today (January 12).
Flodén preferred to expand the purchases at a slower pace and focus on real bonds, rather than nominal bonds, as he feared purchases of the latter would become less effective because Sveriges Riksbank owns such a large share of the total stock.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Supervisors grapple with the smaller bank dilemma
- Fed policy-makers disagree over risks
- Central bank of the year: Central Bank of Brazil