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Riksbank’s Ingves: Too early to change direction in monetary policy

It’s “too early to change direction in monetary policy,” Riksbank’s Governor Stefan Ingves said following the monetary policy decision announced earlier on.

Key quotes

Inflation expectations are around 2%, which is good.

Inflation pressure is still too low.

Aims to keep asset portfolio at roughly same level in 2022, replace bonds that mature.

more to come …

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