Swedish cbank will act forcefully on inflation, Governor Ingves says

Reuters

Published Sep 01, 2022 15:41

STOCKHOLM (Reuters) - Inflation is "way too high" in Sweden and the central bank will act forcefully to bring it back down to the 2% target, Riksbank Governor Stefan Ingves said on Thursday.

"Given that we are so far off the mark, you have to do what you have to do," Ingves said during a presentation.