Monetary Policy Can't Be Based on the 'Next Weather Report': Riksbank's Ingves

The transcript discusses the global economy's uncertainties, focusing on the Swedish economy's exposure to China and supply chain disruptions. It highlights the impact of reduced energy prices on inflation and monetary policy. The conversation also covers currency fluctuations, particularly the euro and krona, and their effects on the economy. The future direction of monetary policy, including the potential for negative rates and the role of fiscal policy, is explored, emphasizing the need for a balanced policy mix to support economic growth.

What factors determine the impact of the global economy on the Swedish economy?

How has the electricity price affected inflation in Sweden recently?

What is the current expectation regarding inflation in Sweden over the next few years?

What are the implications of the euro's decline for Sweden's monetary policy?

Why do weak currencies not have the expected impact on inflation today compared to the past?

How does the speaker view the effectiveness of negative interest rates in monetary policy?

What role do fiscal authorities play in the current economic environment according to the discussion?