Sweden Shouldn’t Pay More to Borrow Than Germany, Borg Says

Anders, you do have their own currency, mate… Sweden Shouldn’t Pay More to Borrow Than Germany, Borg Says March 9 (Bloomberg) — Sweden shouldn’t pay more to borrow than Germany because of its strong public finances and low level of debt, Finance Minister Anders Borg said. “Sweden will probably have a stronger recovery eventually than […]

Sweden hikes rates due to cost push inflation

This is the mainstream approach to negative supply shocks: “Don’t let relative value stories turn into inflation stories.” (as the Fed used to say) And, they say, if you wait for the economy to get strong bringing the higher rates of inflation down gets more than that much harder. STOCKHOLM, Sweden – Sweden’s central bank […]