The Deputy Governor of Sweden’s central bank, Anna Seim, stated on Wednesday that the nation’s monetary policy is currently well-balanced.
She emphasized the importance of awaiting more data to gain a clearer understanding of the inflation and economic activity outlook.
Seim indicated that the Riksbank is prepared to adjust its policy rate as needed, according to a written summary of her speech.
She also highlighted the impact of growing uncertainty abroad, which is projected to slow economic activity.
However, the effects on inflation are more challenging to determine, she noted.
The central bank’s stance demonstrates a cautious approach to monetary policy, with a focus on data-driven decision-making.
The potential effects of international uncertainty on Sweden’s economy are a key consideration in this process.
