Ingves renews attacks on ‘artificial division’ in proposed Riksbank act
Proposal limits policy flexibility and is “wrong way to go”, governor says
Stefan Ingves, governor of Sveriges Riksbank, has again attacked proposed changes in Sweden’s central bank law, saying the measures create an “artificial division” and could hamper crisis responses.
Ingves said the act would create a divide between monetary and financial stability policy, even though both are impacted by the same tools, and, particularly in a crisis, it can be hard to tell where one ends and the other begins.
“Handling the global financial crisis 2008–09 and the current
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