You are here

Riksbank chief proves he's not a 'sadomonetarist'

BT_20170501_CPINGVES1_2865771.jpg
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

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom