Rising debt threatens Swedish stability – deputy governor

Ohlsson welcomes higher growth, but says inflation must rise sustainably

Henry Ohlsson

Higher private debt and rising house prices are “threats to financial stability”, says Henry Ohlsson, deputy governor at Sveriges Riksbank, in an interview with Central Banking

Ohlsson also welcomes Sweden’s recent rise in inflation, but says more time is needed, as the Riksbank aims to reach its inflation target “in a sustainable way”. Higher private debt is the main peril for financial stability in Sweden, Ohlsson says in the interview, recorded on September 13. Against this backdrop, the

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