Swedish central bank: Middle East conflicts increase inflation risk, raising the probability of interest rate hikes this year

```htmlGolden Ten Data reported on June 24 that the Swedish central bank released its latest monetary policy meeting minutes on Wednesday. Despite underlying inflation currently remaining at a low level and the foundation of economic recovery still being fragile, conflicts in the Middle East have increased the likelihood of the central bank raising interest rates before the end of this year. Swedish central bank governor Erik Thedéen stated that the impact of this conflict has now been clearly reflected in several price pressure indicators in Sweden and abroad, but its long-term effects are still difficult to assess. He said: "We are slightly tightening our policy stance. However, the extent of policy adjustments remains very small— the magnitude can be quickly increased or decreased depending on how inflation risks evolve."```