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Riksbank’s Ingves: Still need expansionary monetary policy

Swedish central bank, Riksbank, Governor Stefan Ingves was on the wires last minutes, via Reuters, making a speech following the monetary policy announcement.

Key Headlines:

Still need the expansionary monetary policy.

Inflation pressure still moderate.

Labor demand should push up wage growth in Sweden.

Unemployment will remain low looking ahead.

Reiterates important that krona strengthens slowly.

The economic situation remains good.

Have not baked uncertainties into forecasts yet.

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