Deputy governor of the Sveriges Riksbank Lars Nyberg said on Wednesday 10 December that central banks could use interest rates to prick asset price bubbles. In a speech at an event arranged by the Bank of Indonesia in Jakarta he said that in his view this was an option.
Central banks could raise interest rates to prick asset price bubbles and thereby promote financial stability, a deputy governor of the Swedish Riksbank said on Wednesday.
Detecting the signs of a potential financ
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