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VIEW: SEB Tweak Riskbank Call, Still See 100bp Of Cuts In '24

RIKSBANK
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SEB still expect the Riksbank to cut the policy rate at its May decision. Beyond there they have delayed their call re: timing of the follow up cut to August from June

  • They flag the “particularly weak krona” as the driver for that slight delay and continue to look for a total of four rate cuts in ’24 (25bp at each of the May, August, November and December meetings).
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SEB still expect the Riksbank to cut the policy rate at its May decision. Beyond there they have delayed their call re: timing of the follow up cut to August from June

  • They flag the “particularly weak krona” as the driver for that slight delay and continue to look for a total of four rate cuts in ’24 (25bp at each of the May, August, November and December meetings).