Sweden's Heikensten on economic activity

Riksbank Governor Lars Heikensten spoke about economic developments on Monday 17 May at a seminar in Tanum. He said recent developments in economic activity and price pressures have been considerably less dramatic than what the situation in the financial markets may suggest.

"Developments in the financial markets have been unusually eventful in recent weeks. Since employment in the United States began to rise sharply there has been a change in the outlook for US monetary policy. Interest rate