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MNI BRIEF: Riksbank Ohlsson Warns On Slow Labour Mkt Recovery

(MNI) LONDON

Although Sweden's economic activity had recovery rapidly but that "history has taught us that the recovery in the labour market will probably take longer." Riksbank Deputy Governor Henry Ohlsson told legislators Tuesday.

The Riksbank has left the door open to a return to negative rates from the current zero while setting a high asset purchase ceiling and fleshing out the details of purchase programmes that will take up until next summer to complete, as pointed out to MNI by Ohlsson last month.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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