Riksbank’s Deputy Governor Cecilia Skingsley was out on the wires in the last hour, reiterating the possibilities of a rate increase in October or December.
Key quotes:
“¢ Does not exclude a smaller rate increase than usual.
“¢ The forecast is rate will be raised at the end of the year.
“¢ Want to be sure that “we’re on firm ground” before raising rates.
“¢ The main forecast is for no more bond purchases.
“¢ Can raise repo rate even if growth slows.