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CORRECTED-MNI INTERVIEW: Riksbank Could Cut 2-3 Times More

Former deputy governor of Central Bank of Ireland talks to MNI on switch in Riksbank policy

(Corrects Stefan Gerlach's former position in first paragraph)

MNI (LONDON) - The Riksbank is moving from a period of policy driven solely by inflation overshoots to one in which it has to factor in weak output, and could cut its benchmark rate two or three times more before the end of the year, former deputy governor of the Central Bank of Ireland Stefan Gerlach told MNI.

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(Corrects Stefan Gerlach's former position in first paragraph)

MNI (LONDON) - The Riksbank is moving from a period of policy driven solely by inflation overshoots to one in which it has to factor in weak output, and could cut its benchmark rate two or three times more before the end of the year, former deputy governor of the Central Bank of Ireland Stefan Gerlach told MNI.

Keep reading...Show less