Riksbank deputy dismisses criticism of interest rate ‘experiment'

Jansson: ‘leaning against wind' played minor part in recent policy discussions

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Riksbank deputy governor Per Jansson has rejected claims the Swedish central bank experimented with monetary policy by leaning against financial imbalances before making an about-face and lowering the repo rate to 0% amid dropping inflation.

"Giving consideration to the risks associated with the developments in household debt and housing prices has been part of our assessment, but a relatively minor part," Jansson said during a speech in Stockholm today.

"The monetary policy conducted after the

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