MNI BRIEF: Trade War To Increase Volatility Inflation -Panetta

MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

CORRECTED-MNI INTERVIEW: NBH To Hold Rates

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

EZ/UK Bond Supply Calendar: EU Synd; SK, BE Auction on Monday

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

MNI: US OCT INDUSTRIAL PROD -0.3%; CAP UTIL 77.1%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Riksbank Hikes 50bps; Front-Loads Tightening

(MNI) London

The Riksbank delivered its widely expected 50 basis point hike, taking the Policy Rate to 0.75%, at its June meeting and published a projected rate path that showed it front-loading tightening.

The newly renamed Policy Rate was shown rising to close to 2% by the start of the next year and then only drifting up very gradually, to stand at 2.06% at the end of the three year forecast period. The profile suggests tightening at each meeting through early 2023 and leaves the door open to another 50 bps hike.

The central bank also n April, the Executive Board decided that the Riksbank should purchase bonds for SEK 37 billion in the second half of the year. The Executive Board also cut to the pace of bond purchases further, halving planned H2 buying SEK 18.5 billion, with the balance sheet shrinking due to natural run-off.

MNI London Bureau | +44 203-586-2223 | david.robinson@marketnews.com
Central Bank NewsPolicy NewsHomepageRiksbank Market NewsCEEMEA RiksbankSwedenBriefStoryRegion
True
MNI London Bureau | +44 203-586-2223 | david.robinson@marketnews.com
Central Bank NewsPolicy NewsHomepageRiksbank Market NewsCEEMEA RiksbankSwedenBriefStoryRegion
True

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.