Some takeaways
The Riksbank has delayed its first rate hike from Q2 to Q3 17 and sees slower hikes thereafter.
It has underlined that at this stage it is very difficult to quantify the effects of Brexit on Sweden.
Currently, it assumes a relatively limited impact on Sweden.
However, the Riksbank stresses that there is a risk of a worse outcome than it currently assumed.
It has repeated the mantra that the Riksbank stands ready to do more (lower the repo rate, more QE, FX interventions etc.) if needed.
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