Riksbank Minutes of the monetary policy meeting on 31 January:

THEDEEN

• Views that inflation dynamic is now going in the desired direction.

BREMEN

• Shares assessment that rate can probably be cut earlier than in the November forecast.

FLODEN: 

• "My current assessment is that the policy rate path in the optimistic alternative scenario, with a policy rate cut in the second or third quarter of this year, seems increasingly reasonable as a likely scenario for a well-balanced monetary policy going forward."


• "Another glimmer of light is that the krona has not depreciated since our last   meeting."


• "Inflationary pressures are returning to levels   that are compatible with the inflation target. "


• "The timing of rate cuts at the major   central banks abroad is a factor that may have significant bearing on when it is   appropriate to also start relaxing monetary policy in Sweden."

JANSSON:

• "Implementing a first policy-rate cut as early as   in March is something that I currently do not consider impossible but nor do I   think it is particularly probable."


• A first rate cut at the meeting either in May or in June currently feels significantly more realistic.

BUNGE:

• "Supports the assessment that the   risks of inflation becoming entrenched have declined. "

Via Riksbank

07 Feb 2024 - 08:31- Fixed IncomeImportant- Source: Riksbank