Riksbank’s Ingves: Too early to change direction in monetary policy

It’s “too early to change direction in monetary policy,” Riksbank’s Governor Stefan Ingves said following the monetary policy decision announced earlier on.

Key quotes

Inflation expectations are around 2%, which is good.

Inflation pressure is still too low.

Aims to keep asset portfolio at roughly same level in 2022, replace bonds that mature.

more to come ...