Backstrom: Sweden's economy is slowing down

SPEECH - Governor Urban Backstrom of Sveriges Riksbank, the Central Bank of Sweden, gave a speech on 20 August in Harnosand, Sweden.

The whole speech

Thank you for the invitation to discuss economic developments in Sweden here in Harnosand.

First let me say that conducting monetary policy in the past year has not been exactly easy. The repo rate was raised 0.25 percentage points last December, from 3.75 to 4.0 per cent, and this has been followed by an equally large increase to the present rate of

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