Riksbank’s Ingves: Time to raise rates in December 2018 or February 2019

The Swedish central bank, Riksbank, Governor Stefan Ingves is on the wires now, via Reuters, commenting on the monetary policy and economic following the central bank’s interest rate decision.

Key Points:

Expects higher wages amid higher inflation.

Hard to quantify what trade disputes mean.

Underlying price pressures in the world are rising.

Time to raise rates in December 2018 or February 2019.

Sometime around year-end is probably time to raise rates.