Ingves wants Riksbank monopoly over macro-prudential policy
Stefan Ingves today appealed for the Sveriges Riksbank to be given sole responsibility for macro-prudential policy in Sweden.
The country's financial crisis committee proposed in January that the Riksbank and the Swedish financial services authority (FSA) share the responsibility for macro-prudential policy. Ingves told an audience in Stockholm this arrangement could "give rise to ambiguity about who should act" and result in indecision.
"In order to ensure decisive action, responsibility for
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