Riksbank's first deputy calls for macro-prudential measures that directly limit household debt
Kerstin af Jochnick suggests amortisation requirements and ‘review of tax deductions for interest paid'
Sweden's framework for macro-prudential policy makes it possible to implement more precise measures to manage household indebtedness, but has so far mainly resulted in sharper capital adequacy requirements for the banks, Kerstin af Jochnick, the Riksbank's first deputy governor, said today in a speech in Stockholm.
She called for a broader spectrum of measures to influence household indebtedness in a more sustainable direction, characterising measures to directly limit household indebtedness as
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