STOCKHOLM, Feb 20 (Reuters) - Inflation is far too high
in Sweden and the policy rate will need to be raised further,
the minutes of the central bank's most recent policy meeting
showed on Monday.
"Our task is now crystal clear - to ensure that inflation
returns to the target within a reasonable time," Erik Thedeen,
who was presiding over his first rate meeting as governor of the
central bank, said in the minutes.
The Riksbank announced a half percentage-point hike to 3.0%
on Feb. 9 with further tightening forecast for the coming
months.
(Reporting by Stockholm Newsroom; editing by Niklas Pollard)
Messaging: simon.c.johnson.reuters.com@reuters.net))
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