Swedish central bank's Floden says inflation risks on both upside and downside

STOCKHOLM – A surge in underlying inflation in January took Sweden’s central financial institution without warning, however there proceed to be dangers on each the upside and draw back, Riksbank Deputy Governor Martin Floden mentioned on Monday.

“There's a clear upside threat, however there additionally a transparent draw back threat,” Floden mentioned throughout a panel dialogue.

“We're prepared modify financial coverage whether it is wanted.”