Sweden’s central bank governor Stefan Ingves said a red-hot housing market and record-high level of household debt will put the Scandinavian country’s economy in peril unless the government cools the property sector down. “There has been too much complacency” in Swedish politics, Mr. Ingves said in an interview with The Wall Street Journal in which he called for Stockholm to set limits on borrowing for home purchases or impose new...

Source: Wall Street Journal June 01, 2017 09:00 UTC