Riksbank will hike rates through November to 4.25%, SHB says
Sweden’s Riksbank is set to continue tightening at all remaining meetings this year to a peak interest rate of 4.25%, as it needs to do more to control inflation, according to Handelsbanken.
By Niclas Rolander / Bloomberg
The bank’s analysts, who earlier expected a quarter-point rate increase to 3.75% this week to be the last of the current hiking cycle, now believe the Swedish central bank will move in similar steps at its coming meetings as well. The new forecast comes as the Swedish economy has proven more resilient than expected, with corporate profits remaining healthy and employment at record levels.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Rate cut bets build in bond markets from Australia to Sweden
For subscribers
Swedes signal property market rout is heading for recovery
For subscribers
