Riksbank Deputy Governor Cecilia Skingsley, during a presentation in Malmo on the economic situation and current monetary policy, was noted saying that Sweden’s central bank needs to be careful when thinking about rate increase.
Additional quotes:
“¢ Underlying inflation continues to be low.
“¢ Wants inflation to remain near 2%.
“¢ Important that service prices don’t become too low.
“¢ Will move to raise rates if economy develops as expected.
“¢ Forecast is that rate will be raised this year.
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