Skingsley sees turning point for Riksbank policy

Immediate threat is fading, enabling the central bank to focus more on longer-term risks

Cecilia Skingsley
Cecilia Skingsley. Photo: Riksbank

Sveriges Riksbank has averted disaster in the short term and now needs to turn its attention to longer-term risks, deputy governor Cecilia Skingsley said in a speech today (April 7).

During remarks at Danske Bank in Stockholm, Skingsley said the Riksbank appeared to have been successful in taking aggressive action to head off declining confidence in the inflation target.

While acknowledging the situation was complex, with rising risks in the housing market as a result of policy easing, Skingsley

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