Published 22 March 2023 at 18.13
Economics. Stefan Ingves quit at the turn of the year as governor of the Riksbank, while Swedish inflation rushed to historically high levels. Now he receives a nice central bank award.
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According to the Riksbank, the Central Banking Lifetime Achievement Award recognizes “a person's pioneering work within the central banking system and whose career has set a lasting stamp on the joint work of central banks”.
The Central Banking Journal is a publication that covers questions about the activities of central banks and financial supervisory authorities. The jury justifies the award by highlighting Stefan Ingve's many years of service in both Sweden and international collaborations.
– What a happy surprise! During my almost thirty years in the central banking world, it has been a privilege to work in several different roles on very diverse central banking issues. I have done my best to serve the citizens with a focus on getting something done while trying to bridge the gap between theory and practice. I am both touched and proud to receive this award, says Stefan Ingves in a statement.
The Riksbank's main task is “to keep inflation low and stable over time”, according to the bank itself.
Inflation
- "It is not acceptable that prices increase like this very much"
- Swedish food prices as high as in other EU countries
- Deputy Governor of the Riksbank: We thought inflation would decrease
- Inflation is rising – to 12 percent
- Record rise in food prices
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