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Minutes: Key comment from Floden

RIKSBANK
  • Recall that Floden dissented in November, favouring not expanding QE.
  • "Compared with the meeting in November, I am now less concerned that economic conditions might deteriorate rapidly in the near term. But we nevertheless need to remain prepared to react to developments that would otherwise jeopardise the expansionary impact from monetary policy. Cutting the repo rate may then be appropriate."
  • "I support the proposal for today's decision... Given the decision taken in November, I see this as the right decision."

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