At its meeting on 28 April, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent. Inflation, measured in terms of UND1X, is expected to be in line with the Riksbank's target a couple of years ahead, the bank said.
However, during a large part of the coming two-year period inflation is anticipated to remain low.
In the Inflation Report published on 15 March, GDP growth was forecast to continue, albeit at a slower rate. Despite gradually increasing r
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