Swedish central bank’s Floden says economy heading for soft landing

STOCKHOLM (Reuters) – Sweden’s economy will slow sharply next year, but the central banks still expects the landing to be relatively soft, Deputy Governor Martin Floden said on Friday.

“The development in GDP according to the forecast won’t be dramatic … and mainly if you look at the labour market, according to our forecast and basically all others’, the labour market looks very strong,” Floden said in a speech.

(Reporting by Simon Johnson; editing by Johan Ahlander)

Reuters

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