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Riksbank’s Ingves: Expect SEK to gradually strengthen over long-term

Here are some of the key comments made by the Riksbank (Sweden’s central bank) Governor Stefan Ingves, at the post-meeting press conference.

   “¢   Expect SEK to gradually strengthen over the long-term.  
   “¢   No value in hiking rates just to lower rates later.
   “¢   Swedish election has not played a significant role in monetary policy decisions.  
   “¢   Important to make clear our opinion about the size of the first rate hike, when it comes.

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