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Ingves' key comments from the Minutes

RIKSBANK
  • Ingves: "Our forecast includes a limited appreciation of the Swedish krona and this appreciation forms a baseline in our overall forecasting methodology....should the krona appreciate substantially in relation to our forecast, the route to our inflation target will become harder, meaning we will have to think carefully about whether such a development would require an even more expansionary monetary policy."
  • "It is unfortunate that deficiencies on the housing market have not been addressed for a long time and, if this continues, further macroprudential policy measures will be needed once the economic situation has normalised, even more so insofar as the structural deficiencies have not been remedied."

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