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Western EuropeMarch 1 2017

Sweden financial markets minister looks to build on momentum

Sweden’s minister for financial markets and consumer affairs, Per Bolund, explains to Stefanie Linhardt how the country maintains its stable economy, and why the European Banking Association would be better off located in Stockholm.
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Q: You have started a review of the mandate of the Riksbank [Sweden's central bank]. What is the reasoning behind this, and could it include a change to the inflation target and its base?

A: It has been 20 years since [the Riksbank’s mandate] was last reviewed. Although the government and the parliament have come to the conclusion that the Riksbank has been successful, it is important to review legislation in order to keep it up to date. [For that, a] commission has been launched. It is expected to report back to the government on May 31, 2019.

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