Riksbank’s Ingves: Swedish Crown expected to strengthen despite slightly weaker inflationary pressure

The Swedish central bank, Riksbank, Governor Stefan Ingves, was on the wires last minutes, via Reuters, making some comments following the release of the country’s CPI report.

Key Points:

Inflation has been on target for some time but inflationary pressures are slightly weaker than expected.

Swedish Crown still expected to strengthen going forward.