New Riksbank deputy explains reasons behind dissent
If the Riksbank worries that a long period with a low repo rate will cause an unjustified upturn in housing prices and indebtedness, it should use its monetary policy to move towards the inflation target more quickly, Martin Flodén said yesterday in his inaugural speech as the Swedish central bank's deputy governor.
"Since I started in the spring I have taken part in two monetary policy meetings… [entering] a reservation against the majority decision and advocated a lower repo rate" on both
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