EFTA Document EFTA01449349

16 May 2013 FX Blueprint: Dashing Buck Meanwhile in Sweden imported deflation is dragging headline CPI further below the Riksbank's projection (in April -0.5% YoY vs the -0.2% projection). For the inflation targeting Riksbank this should mean further policy easing, and it might result in further cuts. However, as the majority on the board has made clear, they are not entirely comfortable reducing rates further in response to external disinflation when house prices are edging higher and