Per Jansson: Responsible wage formation benefits the Swedish economy

"My view at the last monetary policy meeting in March was that the development of inflation looked so favourable that it might have been possible to cut the interest rate even at that stage. However, the journey towards sustainably low and stable inflation must continue, and a further reduction in inflation in the run-up to our May meeting, preferably thanks to lower growth rates for services prices, would of course be welcome. The important thing, however, is that the development of inflation does not deteriorate. 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. This risks weakening the krona, which in turn could push up inflation again going forward, in the worst case scenario in a serious way," said Jansson.

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