Thursday, December 1 2022

STOCKHOLM, Oct 13 (Reuters) – Sweden’s key rate may need to stay high for longer than the Swedish central bank’s current forecast, Deputy Governor Anna Breman said on Thursday.

“I see it might be better to stay at a higher policy rate than expect it to peak and come back down, given that I think medium-term inflationary pressures will be a bit higher than expected. ‘They haven’t been historically,’ Breman said in a presentation.

Reporting by Simon Johnson; edited by Jonathan Oatis

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