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Decision due at 8:30BST / 9:30CET

RIKSBANK
  • Just a reminder that we have the Riksbank policy decision at 8:30BST / 9:30CET.
  • Every analyst preview that we have read and every respondent to the SEB investor survey expects a 25bp hike this week to 3.75%. We think there is a greater chance of a hawkish surprise than most analysts would suggest despite there having been two dissenters to the 50bp hike at the last meeting in April (as we noted in our Riksbank preview).

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