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Riksbank Signals Rate Hike as August Inflation Cools
Dagens IndustriLO·SE·2 days ago
Swedish inflation is rising but analysts, including Swedbank's chief economist, do not expect the Riksbank to raise rates at its upcoming meeting; a hike would be a surprise. The central bank's reaction function is being tested as price pressures build, but the consensus is for patience.
Swedish inflation is projected to increase, driven by services, despite easing food prices. Analysts largely anticipate the Riksbank will maintain current interest rates at its next meeting, indicating a test of the central bank's policy patience. Confidence in this assessment is medium.