Swedish c.bankers signal tighter monetary policy

SWEDEN - Two senior Swedish central bankers on Monday reinforced expectations that interest rates will be raised, possibly already next month, sending the crown and short-term yields sharply higher.

Deputy Governor Eva Srejber, viewed in financial markets as a hawk, said the economic slowdown was in its final stages and a 25 basis point rate rise was necessary to control the rebound.

In a separate speech Deputy Governor Villy Bergstrom said he was concerned that wage growth exceeded productivit