Riksbank's Monetary Policy Report

Published the day Sweden's central bank raised rates, the report sets out the Riksbank's thinking behind the rise and its assessment that that the repo rate will need to be around 4% at the end of the year.

The central bank even added that, beyond the 4% by the end of 2007, "over the coming years it is probable that the interest rate will need to be raised further" to ensure that inflation is "in line with the target from next year and onwards."

To read the report, click here.

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