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RIKSBANK: Expected To Cut By 25bps This Morning, Focus On Guidance

RIKSBANK

The Riksbank are unanimously expected to cut rates by 25bps at 0830BST/0930CET. There is no monetary policy report/updated rate path due today, leaving focus squarely on the policy guidance.

  • We think there is a good chance that the Riksbank opens the door to cuts at each of its remaining meetings in 2024 (September, November, December), guiding for “two or three” more cuts this year after easing policy today.
  • See our full preview here.

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