Riksbank governor Ingves speaking at a press conference after the central bank's meeting earlier
- If all goes to plan, rates will be raised at the end of 2018
- Slowdown in Europe seen as temporary
- There are still good times in the Swedish economy
- Krona has weakened more than anticipated
- Krona weakness seen as temporary
- Reasonable to assume Krona strengthens in the long-term
Pretty much a repeat of the central bank statement earlier, with the key detail being that they have delayed the tightening cycle to the end of this year.
EUR/SEK continues to pick up on the day, now at 10.469 just shy of the highs posted by the spike earlier at 10.484.
