Deputy governor warns of perils in changing Sweden’s inflation target
Sweden would only be able to raise its inflation rate successfully if other major economies around the world did also
Introducing a higher inflation target for the Swedish economy "in isolation" would be problematic, the deputy governor of Sveriges Riksbank has said.
Speaking in Stockholm, Henry Ohlsson emphasised Swedish competitiveness would be "weakened" with a higher inflation target if other "important central banks" around the world stood firm by the target of 2%.
The currency would not even be able to come to the rescue. "In theory, the Swedish krona should weaken in this situation, so that competiveness
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