Riksbank’s Skingsley: Rate hikes could happen in H2 2018

Reuters reports comments from the Swedish central bank, Riksbank, Deputy Governor Skingsley, as she offers her thoughts on the economy and technology in a scheduled speech.

Main Points:

Rate hikes could happen in H2 2018.

Wages to rise over next few years.

Rates of wage increase may be low despite the high level of resource utilization.

Monetary policy might hold up resource utilization.

Raising rates will require considerable caution.