Riksbank Rate 2.50% vs. Exp. 2.50% (Prev. 2.75%); if the outlook for inflation/activity remains unchanged, the rate could be cut again during H1-2025 (reiteration)
Important
SourceNewsquawk
SectionOther Central Banks
- Despite some signs that economic activity is on its way to recovery, it remains weak.
- The interest rate has been reduced rapidly and monetary policy affects the economy with a lag. This argues for a more tentative approach when monetary policy is formulated going forward.
