Swedish Central Bank Expects Rate Hike in September
4 Articles
4 Articles
A unanimous board of directors left the Riksbank's policy rate unchanged last week. But the meeting minutes indicate that an increase is imminent.
The Riksbank's Executive Board is steering towards an interest rate hike. The main reason is the increasingly strong economy, while the Middle East war is now less of a concern. This is clear from the minutes of the latest interest rate meeting.
Riksbank Minutes to Shed Light on Board Divisions - ActionForex
In Sweden, the focus is on the Riksbank minutes from last week's meeting, released at 9.30 CET today. As this was a smaller meeting with no new projections and only a brief monetary policy update, the minutes will be important for understanding whether the relatively dovish communication was unanimously supported. The key questions as we see them are: 1) How close to a rate hike are Governor Thedéen and Seim, who have been the more hawkish membe…
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