Sweden still needs loose policy – IMF
Elevated house prices, public debt and low wage growth are biggest risks to economy
The Swedish economy still requires a loose monetary policy stance because inflation remains well below the 2% target of the Sveriges Riksbank, the International Monetary Fund says in its annual Article IV consultation report on the Scandinavian economy.
Despite years of recovery and the substantial acceleration of the economy over the last year – the IMF forecasts real GDP will rise in Sweden by 3.1% in 2017 – “the current accommodative stance of monetary policy remains appropriate, given low
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