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25bps Cut Expected At 0830BST

RIKSBANK

The Riksbank decision is due at 0830BST/0930CET, with the majority of analysts surveyed by Bloomberg expecting a 25bps cut to 3.75%.

  • If a rate cut is enacted, we expect it to be delivered with a hawkish tilt in order to protect the SEK from a renewed bout of weakness.
  • There remains a material risk that the Riksbank elects to remain on hold in May, a move which would purely be driven by views on the krona.
  • For our full preview, see the PDF here:

MNI Riksbank Preview - 2024-05.pdf

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The Riksbank decision is due at 0830BST/0930CET, with the majority of analysts surveyed by Bloomberg expecting a 25bps cut to 3.75%.

  • If a rate cut is enacted, we expect it to be delivered with a hawkish tilt in order to protect the SEK from a renewed bout of weakness.
  • There remains a material risk that the Riksbank elects to remain on hold in May, a move which would purely be driven by views on the krona.
  • For our full preview, see the PDF here:

MNI Riksbank Preview - 2024-05.pdf