Erik Thedéen: More active economic policy can strengthen financial stability

2022-04-28 | Speeches and debate Stability

"FI has a mandate to safeguard financial stability. This means that we are prepared to further enhance resilience in the financial system to manage the growing risks associated with household and corporate debt. However, I would rather see structural reforms on the construction and housing market and a more suitable housing tax since both of these would improve the functionality of the housing market and benefit financial stability."

These were the words of Director General Erik Thedéen at the Committee on Finance's public hearing regarding financial stability.

"It would also benefit financial stability if economic policy took a greater responsibility for stabilisation policy, so the Riksbank would not feel forced to utilise extensive quantitative easing to reach the inflation target. This would enable economic and monetary policy to support rather than complicate financial stability policy."

Date: 2022-02-01
Speaker: Erik Thedéen
Event: Committee on Finance's public hearing regarding financial stability

Speech: A more active fiscal policy can strengthen financial stability ( < 1MB)