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Nordea's post-meeting Riksbank view: -.....>

RIKSBANK
RIKSBANK: Nordea's post-meeting Riksbank view:
- "The message from the Riksbank is a bit mixed but on the dovish side"
- "It was somewhat softer than expected as some policy rates were lowered. On
the other hand, a cut of the repo rate is increasingly unlikely."
- Note that the cut to some of the Riksbank's rates "could feed through to
markets rates, and may pull down STIBOR and mortgage rates somewhat."
- "The bank is perhaps a bit more optimistic than expected on the economy...but
the forecasts are reasonable, we think."
- Nordea maintains its view that rates will be on hold over the next year and
that "The main tool for the Riksbank is its balance sheet."

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