Seim is currently professor of economics and acting director at the department of economics at Stockholm University.
“She will be a good complement to the other members of the executive board, and we are also very pleased that our decision was unanimous,” the general council said in a statement.
Seim’s research focuses among other things on the effects of the inflation target on wage formation and other macroeconomic outcomes, it added.
Floden joined the Riksbank as a rate-setter in 2013 and got a second mandate period in 2018. Under a new law that came into force last year, the central bank’s five rate-setters can only serve two terms.
Seim is appointed to a six-year term, starting on May 22, and the first monetary policy meeting she will take part in is scheduled for June 26, the Riksbank said.
Source: Economy - investing.com
