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Ousting of Swedish PM won’t upend plans for rate hikes

Today’s ouster of Swedish Prime Minister Stefan Löfven might seem to justify yet another delay to the Riskbank’s policy normalisation plans. But the economy should continue to perform well and might even fare better under a new government. And since price pressures are building, we still expect the Bank to press ahead with its first interest rate hike in over seven years this December.

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