Riksbank deputy pleased with macro-prudential progress 'for now'

Further measures could be taken if 0% interest rate fails to push up inflation

sveriges-riksbank

There is scope to hold the Riksbank's benchmark interest at a low level– it is currently at 0% – even longer than expected if inflation in Sweden does not rise towards its 2% target, deputy governor Martin Flodén said today in a speech in Stockholm.

Flodén also discussed his views on measures to manage Sweden's high and increasing household debt – around 170% of disposable household income on average. He said recently proposed rules by the Swedish Financial Stability Authority to make

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