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Tariffs are bad for the economy but Sweden can cope, Riksbank chief says

ReutersApr 3, 2025 11:14 AM

- The tariffs announced by President Trump are bad for the world economy but Sweden has strong finances and the central bank is ready to act if necessary, Riksbank Governor Erik Thedeen said on Thursday.

"We are in a pretty good position in Sweden to handle this type of turbulence," Theeden told reporters after a speech in Stockholm. "We have inflation broadly in line with the target and we have strong government finances," he said.

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