Swedish central bank's Breman says may need policy rate at high level for longer

Pedestrians walk past Sweden's Riksbank building in downtown Stockholm December 4, 2008. REUTERS/Bob Strong (SWEDEN)

STOCKHOLM, Oct 13 (Reuters) - Sweden's policy rate may need to stay at a high level for longer than the current forecast made by Sweden's central bank, Deputy Governor Anna Breman said on Thursday.

"I see that it could be preferable to stay at a higher policy rate rather than expecting it to peak and come down, given that I think medium term inflation pressures will be somewhat higher than they have been historically," Breman said in a presentation.

Reporting by Simon Johnson; editing by Jonathan Oatis

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