Monday, April 13, 2015

INGVES: LONG before we reach normal interest rate levels – Swedish newspaper Svenska Dagbladet

It said the Governor Stefan Ingves in an interview with Wirtschaftswoche this weekend, according to Bloomberg News.

He said the less the interest rate in Sweden is justified given the “ultra-loose” monetary policy from the ECB.

He also said he is concerned about the overheated housing market in Sweden and other policy makers should do more to curb the trend of increased lending.

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