Riksbank’s Ingves: Interest rates to remain low for some considerable time

Riksbank, the Swedish central bank Governor Ingves was on the wires last hours, via Reuters, speaking on the monetary policy programme.

Key Headlines:

Rate increases will affect households more than ever.

Must expect low-interest rates for some considerable time

Complementary policy measures may be more common in future.

Need to have reasonable expectations on monetary policy.

Mon pol cannot handle some structural problems.

Need to keep inflation expectations near 2%.