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Swedish households vulnerable with high debt, says central bank governor

ReutersJan 16, 2026 7:42 AM

- Swedish central bank governor Erik Thedeen said on Friday that high debt and short interest-rate fixation periods make Swedish households vulnerable.

“The fact that we in Sweden deviate with large debts and such a high proportion of variable loans is not optimal and constitutes a vulnerability in the economy," Thedeen said in a speech published by the central bank.

"Reality can change rapidly. That is why it is so important that we retain clear regulations and standards for household indebtedness and safeguard the amortisation culture that is now beginning to take hold," he added.

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