Sweden's Ingves on the economic situation

In the speech 'The economic situation' given on 12 October Stefan Ingves of the Sveriges Riksbank said it is reasonable to assume that further increases in the repo rate will be necessary.

"This will ensure that inflation is close to the target and that developments in the real economy are balanced.

"Our focus is on the inflation target and the central aim is, as before, to anchor inflation expectations in the economy around this target. When we formulate our monetary policy we also give

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