Will the Riksbank fall in line with market expectations?

50%, After all, inflation is trending downwards, although the monthly changes in the core rate could fall a little more, Commerzbank’s FX Analyst Antje Praefcke notes Two or three more moves for the rest of the year “The economy is weakening and could be supported with interest rate cuts. In addition, the unemployment rate has been above 8% since the middle of last year, meaning that the labor market can no longer be considered as tight.

” “To be honest, I am undecided between two and three further moves. But I expect the Riksbank to signal two or three more moves for the rest of the year. I would prefer two, as core inflation in particular is likely to remain above the inflation target for a little longer, but I assume that, sticking to its recent dovish stance, it will opt for three and thus fall in line with market expectations.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks cautiously higher as market uncertainty lingers; Sweden's Riksbank cuts ratesEuropean stocks were cautiously higher Tuesday as market uncertainty over the outlook for interest rate cuts lingers.
Source: CNBC - 🏆 12. / 72 Read more »