Heikensten lowers rate cut expectations
The Local · 26 Jan 2005, 17:30
Published: 26 Jan 2005 17:30 GMT+01:00
In a speech given in Sala late last week the Riksbank governor pointed to a number of factors that could affect monetary policy; namely a strong economic upswing, households’ rapidly growing debt burden and the fact that low inflation is largely due to weak growth in prices on imported goods. These three factors suggest that a cut in interest rates is unlikely.
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