Riksbank Governor Stefan Ingves.
Both the Executive Board that the council welcomes the upcoming revision of the Sveriges Riksbank Act and believes that several of the evaluators Good Friends and Kings recommendations should be considered in such a review.
The Executive Board and and the council believes that the evaluators Goodfriend and King had positive reviews for the Riksbank’s work in the report “Evaluation of the Riksbank’s monetary policy 2010-2015″ commissioned by the finance Committee.
It states the Riksbank in its comments on the evaluation of Goodfriend and King.
“A lagöversyn is a good way to see if the Swedish Riksbank Act is appropriate for the data bank is facing. Meanwhile, it is important to remember that the flexible inflation targeting regime has worked well, which investigators also notes, “says Governor Stefan Ingves.
it is also important that the business area financial stability be reviewed and the Riksbank’s responsibility in this area clearer .
the Board emphasizes, in line with the evaluators, the importance of revising the organizational and legal framework for macro-prudential supervision and that it should be investigated again.
An important question is how detailed objective of monetary policy is to be formulated in the law.
“the Board believes that there are several advantages to replace variable inflation target of CPI CPIF or HICP and welcomes further discussion on this matter, even if you do not now take consider the proposal to change the target variable. Executive Board agrees Good Friends and Kings recommendation that monetary policy should continue to focus on achieving the inflation target and in addition take into account the real economy, “the Riksbank.
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