Sweden's Bergstrom on inflation

In a speech on 5 April Sveriges Riksbank deputy governor Villy Bergstrom said the key driving forces behind the currently low inflation, i.e. the rapid productivity growth and the low imported inflation, are factors that monetary policy can do very little about.

"Our most recent assessment thus points to an inflation rate in line with the target towards the end of the forecast period. Were we to end up in a situation with weaker economic activity and a deterioration in the labour market this

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