Sweden's Rosenberg on inflation targeting

In the speech 'The Riksbank's inflation targeting policy - the significance of the new interest rate assumption' given on 19 April Irma Rosenberg of the Sveriges Riksbank said that the strong level of economic activity in conjunction with current inflation forecasts indicate that it will again be necessary to gradually shift monetary policy onto a less expansionary path to ensure that inflation remains close to target.

She reiterated that there is reason to assume gradually increasing

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