MNI China Daily Summary: Thursday, December 19

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US EIA: CRUDE OIL STOCKS EX SPR -0.93M TO 421.0M DEC 13 WK

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AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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MNI BRIEF: Riksbank Cuts 25bps; Foresees One More Cut H1 2025

Riksbank cuts 25bps and projects a tentative approach to further easing ahead.
Central Bank NewsPolicy NewsHomepage RiksbankSwedenBriefStory

MNI (LONDON) - The Riksbank cut the policy rate by 25 basis points to 2.5% at its December meeting and said that if the economic outlook remained unchanged it may cut again during the first half of 2025.

The Riksbank Executive Board's guidance, leaving the timing of the H1 cut open, was unchanged and analysts had fully anticipated the 25 basis point cut. The Swedish central bank highlighted its concerns over the weakness of the economic recovery with inflation having stabiliised around target.

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MNI (LONDON) - The Riksbank cut the policy rate by 25 basis points to 2.5% at its December meeting and said that if the economic outlook remained unchanged it may cut again during the first half of 2025.

The Riksbank Executive Board's guidance, leaving the timing of the H1 cut open, was unchanged and analysts had fully anticipated the 25 basis point cut. The Swedish central bank highlighted its concerns over the weakness of the economic recovery with inflation having stabiliised around target.

Keep reading...Show less