STOCKHOLM, March 23 (Reuters) - Inflation in Sweden must
show a clear downturn this year, Central Bank Governor Erik
Thedeen said on Thursday.
"Inflation needs to come down significantly this year. Our
assessment in February was that higher interest rates are needed
to stabilise inflation at the target within a reasonable period
of time," he said in a speech published by the central bank.
Monetary policy needs to remain tight, he said, adding:
“However, the unease linked to the problems in international
banks can also have a cooling effect on the economy."
(Reporting by Anna Ringstrom, editing by Essi Lehto)
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