Fed-Style Dual Mandate May Also Suit Sweden, Prime Minister Says

  • Says U.S. Fed's dual mandate works well, could work in Sweden
  • Swedish model to ease labor market barriers to be unchanged

Sweden’s central bank needs to develop its model for setting interest rates and might be better off adopting a dual mandate that includes an employment target, such as the one used in the U.S., Prime Minister Stefan Loefven said.

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