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ING: No further easing with Riksbank not “significantly bothered” by ECB

RIKSBANK
  • ING does not expect any further easing at the November meeting "despite the rise in Covid-19 cases across Sweden."
  • "While the ECB is poised to increase QE in December, we don't think this will significantly bother the Riksbank at this stage. It's true that this year's currency strength does pose some downside risk for inflation…but this follows a prolonged period of depreciation before this crisis unfolded.
  • ING expects "policymakers to continue signalling a flat rate path in its new projections."

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