Jansson Highlights Importance Of Fed/ECB Policy To Riksbank Cut Timing

Riksbank Jansson's speech summary, titled "Responsible wage formation benefits the Swedish economy" is here.

• He again highlights the importance of other Central Bank's decisions in determining whether the Riksbank can cut policy rates in May (in line with his sentiment in the March meeting minutes)
• From his speech summary: "The important thing, however, is that the development of inflation does not deteriorate. And if that does not happen, as I see it, the threat to being able cutting the interest rate in May will instead come mainly from the postponement of the rate-cutting plans of other central banks. This risks weakening the krona, which in turn could push up inflation again going forward, in the worst case scenario in a serious way,"