Skip to content
Subscriber Only

Nordic Central Banks Need Stimulus to Boost Inflation, OECD Says

The Nordic central banks will need to keep up expansionary monetary policies to revive below-target inflation, the Organization for Economic Cooperation and Development said.

“Expansionary monetary policy and the fading of the effect of the fall in oil prices are expected to raise inflation” in Sweden, the Paris-based group said Wednesday. Norway’s “monetary policy should remain accommodative for some time to support recovery, given that inflation is below target.”