Bergstrom on Sweden's low inflation rate

In the speech 'Is the present low inflation rate a problem?' given on 30 May Villy Bergstrom of the Sveriges Riksbank said underlying factors still indicate a rise in resource utilisation and thereby a rise in inflation.

"What we have seen in the United States, which is considered to be slightly ahead of Sweden in the economic cycle, is that productivity growth is gradually subsiding. When the stimulus from monetary policy and fiscal policy has been maintained sufficiently long, companies are

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