US EditionSwedish central bank keeps rates on hold at 1.75%
7 Articles
7 Articles
The Riksbank and Governor Erik Thedéen are leaving the key interest rate at 1.75 percent, with no hint of either reductions or increases in the future. DN's economic commentator Carl Johan von Seth answers three questions about the interest rate announcement.
As expected, the Riksbank leaves the key interest rate unchanged at 1.75 percent. The strengthening of the krona has put pressure on inflation, according to the bank. At the same time, the US's foreign and trade policy is worrying. - We can probably assume that we will continue to live in quite turbulent geopolitical times, says Riksbank Governor Erik Thedéen at a press conference.
The Swedish Riksbank once again leaves the key interest rate unchanged at 1.75 percent. This was exactly as expected, but the Riksbank points out that uncertainty about the future has increased.
Sweden's central bank sits tight despite global jitters
The Sveriges Riksbank left the policy rate unchanged at 1.75% in January, as expected, and reaffirmed its intention to keep rates at this level for some time. Despite a clear rise in global and domestic uncertainty, the core message is continuity: inflation is close to target, the recovery is intact, and there is no urgency to adjust policy. For SEK, the decision is neutral to mildly supportive, reinforcing the view that Sweden is firmly in a ho…
Riksbank Expected to Keep Rates Unchanged - ActionForex
In Sweden, the Riksbank is expected to maintain its policy rate at 1.75% during its rate decision meeting, aligning with December's communication. The central bank is likely to repeat the statement that 'the rate is expected to remain at this level for some time to come', while previous rate cuts continue to support the ongoing recovery.
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