Trump Bank-Regulation Rollback Raises Global Risks, Sweden Warns
- Sweden’s Andersson says fiscal policy now needs to stand ready
- Sweden will use fiscal policy to clear economic bottlenecks
Sweden's Andersson on Fiscal Policy, Trump, Brexit
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The world can ill afford U.S. President-Elect Donald Trump rolling back the regulatory banking framework that has been erected as a defense against future financial crises, Swedish Finance Minister Magdalena Andersson warned.
Andersson, who’s presiding over one of Europe’s fastest growing economies, says she has been “surprised” by the positive market reaction following the victory of the former reality television star in last month’s presidential election.