Riksbank minutes reveal instability fears

Photo by David Lundberg
Sveriges Riksbank

Executive board members at Sveriges Riskbank were concerned about financial stability risks emanating from extremely expansionary policy launched at the April 28 monetary policy meeting, but deemed risks to inflation to be greater, according to latest minutes, published today (May 12).

The minutes reveal the board voted unanimously for an approximate doubling of quantitative easing and holding rates at -0.25%. Board members noted risks to the inflation target from appreciation of the krona, the

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