Central Banking

Sweden's berg on current monetary policy

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In a speech given on 18 April Svante berg of the Sveriges Riksbank said he argued for a 25 basis point rate hike at the Riksbank's last monetary policy meeting on March 29 and was against the majority decision not to change rates.

"It is not common to see such strong growth several years in a row", said Oberg, adding that growth in Sweden has also been and continues to be "unusually strong".

"In this strong economic situation, both (our) fiscal and monetary policies are expansionary. Households'

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