Riksbank’s QE is sustaining growth, inflation – C.Skingsley

FXStreet (Edinburgh) - At her speech at the SIMRA (Swedish Society of Business Economists), Deputy Governor Cecilia Skingsley has reiterated that the Nordic central bank remains ready to increase its current bond-buying programme and to cut rates further in case of need.

Skingsley has also defended the current looser monetary stance by the Riksbank, adding that lower rates are lifting consumer prices as well as contributing with the strong economic activity and falling unemployment.