Riksbank board members clash over inflation forecasts

Sveriges Riksbank
David Lundberg

Members of the Sveriges Riksbank executive board are at odds over the central bank's inflation forecasts, minutes from their December 17 monetary policy meeting show.

In response to weaker economic activity and lower inflationary pressures, the board members voted to lower the Riksbank's benchmark interest rate by 25 basis points to 1% at the meeting.

However, there was disagreement among members regarding the impact of the cut on inflation. Four of the six members believed the rate – if kept at

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