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Rates seen at low levels until mid-2017 – Riksbank’s Ohlsson

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Henry Ohlsson, Deputy Governor of the Riksbank, argued that the current low level of interest rates could last until June/July 2017, and they’re expected to rise gradually since then. In this tone, Praet somewhat warned households who are trying to borrow money in order to buy a house.

    At today’s speech, he added that monetary policy has an influence on the rate of inflation and inflation expectations.

    Ohlsson has hinted at the likeliness that the repo rate could climb to 3.5% or 4.5% in the future, always keeping the inflation target at 2% in the Nordic economy.
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