The Swedish central bank – Riksbank Governor Stefan Ingves crossed the wires in the last hour and said that the central bank may change the number of meetings from 2020.
Key quotes:
“¢ Think that 5 meetings a year about the right number to be able to conduct a well balanced monetary policy.
“¢ Reducing the number of meetings would free some resources.
“¢ Repo rate path is forecast, not a promise.
“¢ Should not focus too much on January inflation figures.
“¢ It is reasonable that SEK will slowly strengthen.
“¢ Do not have a target for the exchange rate.
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