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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