Even if the Strait of Hormuz were to open soon, it would not mean an immediate change in inflationary pressures and high energy prices, Thedéen said in a speech at the Stockholm Chamber of Commerce, according to a press release.
"My overall picture is that the risk has risen somewhat that inflation could be higher than we expected a number of weeks ago," said the Governor of the Swedish Central Bank.
If the situation worsens, monetary policy measures may be required.
"At the same time, our starting point with low inflation means that we have some room to try to get a clearer picture of the economic consequences," Thedéen said.
