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STOCKHOLM, Sept 6 (Reuters) – Sweden’s central bank expects inflation to fall quite quickly ahead but monetary policy needs to remain tight to get it back to the 2% target, Deputy Governor Martin Floden said on Wednesday.
“We are anticipating inflation to come down rather rapidly now,” he said during a speech. “It’s going in the right direction, but it’s not where we want it to be yet.”
Reporting by Simon Johnson, editing by Terje Solsvik
Our Standards: The Thomson Reuters Trust Principles.
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