Sweden's Rosenberg on growth and inflation

In the speech 'Surprisingly weak growth dampening inflation outlook' given on 15 June, Irma Rosenberg of the Sveriges Riksbank said she sees scope for a more expansionary monetary policy.

'Even if growth strengthens again in the coming years, which I think there is reason to expect, this suggests that resource utilisation will be lower throughout the (2-year) forecast period than previously anticipated. As I see it, both cost pressures and price increases will thereby be weaker in the period

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