Definitely a possibility? Gotta love central bank double speak
- potential SEK intervention discussed by Riksbank
- SEK rate can help inflation in the short term
Riksbank dep gov adding his own two-krona worth to the fx/inflation argument
- wants krona to appreciate slowly
- recent krona appreciation " not favourable", "not very good"
- Riksbank needs help from krona
- fx intervention more likely if situation worsens
Seems a case of cart and horse for the Swedish CB dep gov