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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.
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Free AccessMNI BRIEF: National Institute Sees Riksbank Hikes Start Sep
Sweden's National Institute of Economic Research sees inflation running at more than double its target level this year and it envisages the Riksbank scrapping its zero percent interest rate policy and starting to tighten from this September. It forecast a single hike this year with the policy rate rising to 0.8% in 2023 and 1.0% in 2024.
The NIER's own survey, its Economic Tendency Indicator highlighted the dilemmas facing policymakers, with consumer confidence plunging 15.5 points from 89.0 to 73.5, hitting its lowest since 2009. NIER forecast inflation on the target CPIF measure would stand at 5.2% this year and 2.8% in 2023, before dropping back to the 2.0% target in 2024.
To read the full story
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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.