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Executive Board Participates In Parliamentary Hearing

RIKSBANK

The Riksbank Executive Board are speaking at an open hearing at the Committee on Finance about the Riksbank's activities in 2023 and current monetary policy.

  • Thedeen and Jansson's prepared remarks don't give much away in terms of near-term monetary policy and the rate path.
  • Thedeen reiterates that a rate cut is possible in H1 2024: "Our next monetary policy meeting is in three weeks’ time. Prior to that, we will weigh up all the new information and make a new assessment of what monetary policy is appropriate to achieve low and stable inflation in Sweden.”
  • This is unsurprising, especially with February CPI due on Thursday morning.

Live link to the hearing here (in Swedish).

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