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6 Sep 2018
Riksbank’s Ingves: Expect SEK to gradually strengthen over long-term
Here are some of the key comments made by the Riksbank (Sweden's central bank) Governor Stefan Ingves, at the post-meeting press conference.
• Expect SEK to gradually strengthen over the long-term.
• No value in hiking rates just to lower rates later.
• Swedish election has not played a significant role in monetary policy decisions.
• Important to make clear our opinion about the size of the first rate hike, when it comes.