Significance of Swedish debt levels for Riksbank policy ‘exaggerated', says deputy
Per Jansson says expansive policy helped Sweden manage crisis better
Many commentators on Swedish monetary policy have exaggerated the significance that risks linked to household debt have had for the Riksbank's rate-setting, deputy governor Per Jansson said today in Stockholm.
Describing monetary policy as very expansionary, Jansson said it has contributed to Sweden managing the crisis better than many other countries.
He said the Riksbank's top priority is getting inflation to rise. "It is important that everyone can rely on the inflation target fulfilling its
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