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Riskbank’s Skingsley: October or December rate increase is still possible

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.

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