Proposed changes to law could damage independence – Swedish central bank
Lawmakers’ proposal would hinder crisis management capability, Sveriges Riksbank says
Sweden’s central bank has warned that proposed changes of the law governing it would undermine its independence and hinder its response to crises such as Covid-19.
The Sveriges Riksbank said in a statement today (April 16) that amendments proposed by Swedish lawmakers would limit its ability to act in a crisis. It said the changes would entail a separation between monetary and financial stability measures, which it thinks would slow down and limit its actions. Additionally, the central bank
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