‘Urgent’ measures needed to counteract household debt – Riksbank report
Finansinspektionen needs powers to implement effective macro-prudential policies, report says
Sveriges Riksbank has said a combination of measures is urgently needed to reduce risks linked to household indebtedness.
In the Swedish central bank's latest financial stability report, the bank said measures are needed to address the underlying causes of indebtedness – for example, targeting the housing market to attain a better balance between supply and demand.
"It is also important to have macro-prudential policy measures. For instance, a debt-to-income limit – that is, a limit regarding
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