Swedish c.banker Jansson: Rate-cutting plans of other c.banks could impact Swedish decision


Reuters | Updated: 11-04-2024 17:03 IST | Created: 11-04-2024 17:03 IST
Swedish c.banker Jansson: Rate-cutting plans of other c.banks could impact Swedish decision

(Adds quote in paragraphs 2-3) April 11 - If the development of inflation in Sweden does not deteriorate, the main threat to cutting interest rates in May will come from the postponement of rate-cutting plans of other central banks, Riksbank Deputy Governor Per Jansson said on Thursday.

"The important thing, however, is that the development of inflation does not deteriorate," Jansson said in the summary of a speech published on the central bank's website. "And if that does not happen, as I see it, the threat to being able cutting the interest rate in May will instead come mainly from the postponement of the rate-cutting plans of other central banks," he added.

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