Sweden's Persson: Globalisation and low inflation

Deputy Governor Kristina Persson of the Sveriges Riksbank spoke on Tuesday 8 March at an annual conference on the subject of globalisation and Sweden's low inflation. In the speech she said Sweden has had much to gain from increased global integration, but the change process can often be demanding.

"Over the last decade or so inflation has gradually fallen, both in Sweden and globally. The main reason for this is a shift in monetary policy regime in an increasing number of countries, with

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