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Riksbank Deputy Governor Anna Bunge said gradual changes to monetary policy are important, signaling the Swedish central bank favors a measured approach as it adjusts its stance. The remark, delivered via a First Squawk tweet, offers little in the way of specific figures on rates or the policy path. It matters as a steer on the pace of normalization from a central bank that has been navigating soft inflation and a fragile housing market. Traders will watch upcoming Riksbank communications and Swedish inflation and growth data for confirmation of how gradual the shift will be.

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Bunge, Riksbank