Free Trial

MNI Riksbank Preview - February 2023: 50bp or shock

  • This week’s Riksbank meeting is widely expected to culminate in a 50bp hike, despite the prior forward guidance strongly guiding towards 25bp and data for the first time in months not showing upside inflationary pressures relative to the Riksbank’s forecasts.
  • There are more uncertainties than expected in the upcoming meeting as we have a new Governor for the first time in almost two decades in Erik Thedéen as well as a new Deputy Governor, Aino Bunge.
  • A couple of potential curve balls that could potentially be discussed over the next few months for the Riksbank: first, the frequency of monetary policy meetings and second discussion of active sales of longer-dated government bonds.
For the full document including summaries of 15 sell side views see:

MNI Riksbank Preview - 2023-02.pdf

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.