Riksbank minutes (September meeting):

Governor Thedéen

• "The fact that we explicitly state in the draft report that we may make cuts in larger steps is a clear indication that, given the favourable inflation outlook, this is now part of our gradual monetary policy strategy"
• "Krona remains undervalued and our inflation forecast is based on the assumption of a gradual appreciation of the exchange rate".

Deputy Governor Bunge

• "Would very much like to minimise the significance of a possible cut of 0.5 percentage points at a specific meeting".
• "We need to take a step-by-step approach in which we are prepared to change our plan if necessary".