Nyberg on the strength of Sweden's economy

Lars Nyberg, a deputy governor at the Riksbank, judged economic activity in Sweden to be good, but warned that the central bank expected a slowdown later in the year.

Though the Swedish housing market was as yet unaffected by events abroad, the downturn in the US and several European countries could still have an impact if demand from abroad for Swedish goods falls and with it the willingness and ability of Swedish consumers to pay for housing.

Nyberg said that the executive board members faced a

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