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Minutes: Floden: "May be appropriate" to stay on hold at next meeting

RIKSBANK

"The forecast proposal in the draft report now indicates that the policy rate also needs to be raised at our next monetary policy meeting, in February next year, most probably by 0.25 percentage points. This is a forecast that I support, but I have pointed to a number of factors that indicate that monetary policy is beginning to have an effect and that therefore indicate that inflation may fall back towards the target without us having to raise the rate much more after today's increase. There is still a lot of uncertainty, but if this picture has been reinforced by our meeting in February, it may be appropriate to hold the policy rate unchanged at the next meeting."

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