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VIENNA, Nov 16 (Reuters) - Swedish central bank deputy governor Karolina Ekholm said on Monday that she was uncomfortable with the idea of cutting interest rates to zero as the country's economy was recovering. "We are now still in a recovery phase, things are improving, households are becoming more optimistic, and in some sectors the firms are becoming more optimistic," Ekholm told reporters on the sidelines of a conference in Vienna. "I would feel very uncomfortable with lowering interest rates in such a situation." Fellow Riksbank board member Lars Svensson said in a Reuters interview last week he still wanted rates to be cut to zero. Ekholm, who was appointed to the board of the Riksbank earlier this year, also said she was concerned with the rapid expansion of household credit in Sweden and rising house prices. Keywords: SWEDEN CBANK/ EKHOLM (Via Stockholm Newsroom, tel: +46-8-700 1017, e-mail: stockholm.newsroom@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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