Free Trial

Ahead of the Riksbank rate decision at the...>

SWEDEN
SWEDEN: Ahead of the Riksbank rate decision at the bottom of the hour Danske
Bank expect monetary policy stance and communication to be relatively intact
compared to December, as there is not much new information and incoming data has
been in line with forecasts: CPIF and CPIF ex energy were 0.1pp lower than the
December forecast.
-RBC note the Riksbank is universally expected to leave rates on hold today.
Attention will focus on the forward guidance in the accompanying MPR and
Governor Ingves's press conference. RIBA futures are already discounting a hike
by year end, in line with the Riksbank's forward guidance. Since the last
Riksbank meeting in December, activity data have been mixed and inflation data
close to expectations, so there is little pressure for the Bank to change its
guidance in either direction.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.