Per Åsberg Sommar is a senior advisor in the markets department at the Swedish central bank. In Per's first appearance on the show, he discusses his career as a central banker, the history of the Riksbank, evolutions in inflation targeting at the Riksbank, changes in the Sweden's central banks operating system, its new tool called the Deposit Requirement Facility, and much more.

Check out the transcript for this week's episode, now with links.

Recorded on December 12th, 2025

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Timestamps

00:00:00 - Intro

00:02:08 - Per's Career

00:04:02 - Riksbank

00:09:07 - Inflation Targeting at Riksbank

00:11:56 - Riksbank's Operating System

00:15:39 - Certificate of Deposits

00:33:42 - Quantitative Tightening

00:36:42 - The Deposit Requirement Facility

00:45:38 - Other Central Banks and Demand-Driven Systems

00:58:16 - Outro

Per Åsberg Sommar on the State of the Riksbank and Operating Systems Around the World

Macro Musings with David Beckworth