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Riksbank chief proves he's not a 'sadomonetarist'

Monday, May 1, 2017 - 05:50

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Mr Ingves also wouldn't rule out that even more stimulus will come, in particular since any signs of tightening could lead to a stronger krona and jeopardise the inflation target.

Stockholm

SWEDISH central bank governor Stefan Ingves has gone from being derided as a "sadomonetarist" by economist Paul Krugman for keeping interest rates too high to now overruling half his board in his quest for ever more stimulus.

The 63-year-old is rewriting his legacy in

sentifi.com

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