Ingves Says Sweden Will `Slowly, Slowly' Exit Negative Rates

The transcript discusses the Swedish central bank's plan to exit negative interest rates by year-end, citing strong economic growth and low unemployment. It addresses concerns about repeating past policy mistakes and reassures that no global downturn is foreseen. The bank clarifies that this is not a reassessment of negative rates, as the plan to return to zero was always intended. The effects of prolonged negative rates are considered, and the impact on the QE program is discussed. The bank is confident in its approach despite global trends, and exchange rate projections are included in inflation forecasts. The transcript concludes with a reflection on Mario Draghi's legacy.

What is the speaker's perspective on the global central bank trend?

How does the speaker describe the legacy of Mario Draghi?