Could intervene any time if krona strengthens too much - Riksbank's Ingves

Haresh Menghani FXStreet

In the post-monetary policy decision chat with Bloomberg, Sweden's central bank Chief Stefan Ingves was quoted saying they could intervene any time if Krona strengthens too much.

Key highlights:

• sees no big problem with govt bond liquidity
• important that krona doesn't strengthen too rapidly
• inflation to move sideways in coming months
• FX mandate serves us well in an uncertain world
• QE has worked well, much better than expected
• by far not at the end of the road for stimulus if need be
• we have a lively political conversation in US
• major changes to global trade policies could be an issue
• fully possible to see scenarios that aren't good

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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