Ingves: Inflation targeting - the Swedish framework and experiences
Let me begin by thanking you for the invitation. The theme of my speech today is the Riksbank’s monetary policy strategy and our experiences of inflation targeting. As you may know, the Riksbank belongs to the group of central banks that has a specific inflation target. This is a group that has increased in number in recent years. This of course reflects the fact that, on the whole, experiences of monetary policy with an explicit inflation target have been good. So good, in fact, that this policy has become an interesting alternative even for already well-functioning economies.When Sweden