Aino Bunge visits Helsingborg

“Inflation is in the process of stabilising at the target and the Swedish economy is in a mild recession. This is why we cut the policy rate last week, and I foresee two or three further cuts this year. However, monetary policy should still be characterised by a gradual adjustment. This creates predictability and gives us the opportunity to manage a different development in the economy than expected, if this should prove necessary.”

During her visit to Helsingborg, Aino Bunge met with business sector representatives from southern Sweden, including several representatives from the property sector.

“For many property companies, the past few years have been an acid test. Now interest rates are coming down and the situation is improving. But it is important that we do not forget to learn from the past. We need to ensure that all sectors, not least property companies and households, are resilient to withstand a potential situation where interest rates rise again at some point.”