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Range in Underlying Spurring Vol Sales


Extends gains against the Pound and EUR


Bobl put ladder

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Recent rises in U.S. inflation were not especially troubling and that even if interest rates there went up sharply what mattered more was the subdued inflation pressure so far in the euro area, Riksbank Deputy Governor Martin Floden said Monday.

Speaking at a JP Morgan event, Floden said "even if interest rates start to increase rapidly in the US it need not be a particular concern .. For us the developments in the euro area are typically more important and in the euro area the inflationary pressures could be even weaker than in Sweden." The Riksbank has projected its policy rate will hold at zero throughout its three-year forecast horizon.