February 16, 2018 / 12:47 PM / in a year

Swedish central banker Floden gets renewed mandate

FILE PHOTO: The sign for Sweden's central bank is pictured in Stockholm, Sweden, August 12, 2016. REUTERS/Violette Goarant

STOCKHOLM (Reuters) - One of the Swedish central bank’s most hawkish rate-setters, Deputy Governor Martin Floden, has had his mandate extended for another six years, the Riksbank’s General Council said on Friday.

Economics professor Floden joined the six-member board in 2013 and his mandate is now extended until May 21, 2024.

“Martin Floden has contributed a high level of competence within the financial and macroeconomic fields,” the General Council said in a statement.

“He has carried out his work in an excellent manner and complements the other Board members well.”

Reporting by Daniel Dickson

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