Economics

ECB-Like Pivot Blocked by Ingves Keeping Riksbank Dovish

Stockholm decision follows hawkish euro-zone shift a week ago
Governor’s casting vote stopped bond-portfolio wind-down

Sveriges Riksbank at the Swedish central bank headquarters in Stockholm.
Photographer: Mikael Sjoberg/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Niclas Rolander and Love Liman

February 10, 2022 at 3:45 AM EST

Updated on

February 10, 2022 at 7:58 AM EST

This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Sweden’s Riksbank refrained from joining a global shift to tighten monetary policy that’s taking hold from the U.S. to the euro zone after Governor Stefan Ingves blocked a push from officials for stimulus withdrawal.