Stefan Ingves

5 results

Christine Lagarde, president of the European Central Bank, says Sweden’s monetary policy reversal does not mean that the ECB will follow suit. Photograph: John Thys/AFP/Getty Images.

It is the biggest monetary policy experiment of modern times. One that has divided economists, central bankers and politicians. But now that Sweden ha(...)

Buying flowers with a card at a market in Stockholm, Sweden. Cash is disappearing in the country faster than anyone thought it would. Photograph: Loulou d’Aki/The New York Times

Few countries have been moving toward a cashless society as fast as Sweden. But cash is being squeezed out so quickly – with half the nation’s retaile(...)

An ATM in Sandviken, Sweden. Cash is disappearing in the country faster than anyone thought it would. Photograph: The New York Times

Few countries have been moving toward a cashless society as fast as Sweden. But cash is being squeezed out so quickly – with half the nation’s retaile(...)

A undated handout image showing entrance to bank headquarters in Stockholm, Sweden of Sweden’s central bank, Sveriges Riksbank. Photograph: EPA

Sweden’s central bank ventured into uncharted territory as it cut its main interest rate to a record low and delayed tightening plans into 2016 in a b(...)

The Swedish Bankers’ Association last week said it would force homeowners to amortise all new mortgages worth more than 50 per cent of their properties, meaning that they won’t be able to take out mortgages above this level on an interest only basis.

Royal Bank of Scotland Group says lenders in Sweden have chosen the “worst” moment to tighten lending standards in Scandinavia’s biggest economy. A de(...)