Riksbank's Skingsley: will move to raise rates if economy develops as expected
|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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