Swedish deputy says monetary policy must remain as tool for dealing with financial imbalances
Per Jansson, a deputy governor at the Sveriges Riksbank, does not believe a "completely strict division of labour" between monetary policy and macro-prudential policy will be possible, and consequently the benchmark interest rate "cannot be ruled out as a tool for counteracting financial imbalances".
Jansson told an audience in Stockholm that there will "probably always be" situations where the central bank will need to use monetary policy to support macro-prudential policy in "leaning against
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