Riksbank Seen Holding at 1.75% for Seventh Straight Meeting
Brown Brothers Harriman’s Elias Haddad expects Sweden’s Riksbank to keep its policy rate at 1.75% for a seventh consecutive meeting while leaving a later hike on the table.
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Brown Brothers Harriman’s Elias Haddad expects the Riksbank to keep its policy rate at 1.75% for a seventh consecutive meeting. The expected decision is described as a cautious hawkish hold rather than a shift toward easing.
The central bank is seen leaving the door open to a later rate hike while inflation remains elevated. The stance leaves future tightening on the table, according to BBH.
Source: FXStreet Forex News