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Minutes: Ohlsson: Further increases "very desirable"

RIKSBANK

"It is very clear to me that monetary policy needs to become much less expansionary. As I see it, it is therefore necessary to raise the policy rate again. It is also my assessment that today’s increase can prove to be the least we can do. And this is also taking into account the decisions to sell government bonds and increase the volume of Riksbank Certificates that I expect to be taken today. The policy-rate path entails further increases ahead. My assessment is that further increases are very desirable"

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