Central bank official says Sweden needs to tighten rates urgently.

M2 EQUITYBITES-May 20, 2022--Central bank official says Sweden needs to tighten rates urgently

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Global Banking News - 20 May 2022

The Swedish central bank's deputy governor, Martin Floden, has said that the apex bank needs to tighten rates urgently.

Floden said that rates should be increased once or several times in order to ensure that the central bank does not have to take tougher measures later. The official observed that inflation is already high and a delay...

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