Swedish monetary policy needs to be tightened more - Riksbank's Breman

Kitco Media
By Reuters
Published:
Updated:
Reuters
STOCKHOLM, March 8 (Reuters) - Inflation is much too high and monetary policy needs to be tightened considerably, Riksbank Deputy Governor Anna Breman said in the text of a speech published by the central bank on Wednesday. "Monetary policy therefore needs to be substantially tightened for a significant period in order for inflation not only to come down to two percent but also to thereafter remain at a low and stable level," Breman said.
(Reporting by Simon Johnson; editing by Niklas Pollard)

Messaging: simon.c.johnson.reuters.com@reuters.net))
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