Riksbank Deputy Gov. Barbro Wickman-Parak preps the market for continued rate hikes, noting...
Riksbank Deputy Gov. Barbro Wickman-Parak preps the market for continued rate hikes, noting recently declining unit labor costs have turned upwards. The bank has hiked 6 times since July, bringing its benchmark rate to 1.75%. Six hikes and still just 1.75%? FXS +23% Y/Y.
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