Danske Bank: Riksbank to raise rates in November, chief economist says

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Danske Bank: Riksbank to raise rates in November, chief economist says
Photo: Fredrik Sandberg/TT

"Because the Swedish Central Bank was so "soft" in August, we now believe it will take longer. If you read the minutes and how the Swedish Central Bank is reasoning, they don't seem to be in a hurry. We expect an increase in November and then another in February," the bank's chief economist Susanne Spector tells TT.

The bank is simultaneously raising its GDP forecast for 2026 from 2.1 percent to 2.8 percent, with a small upward revision for 2027 to 2.5 percent, compared with 2.4 percent.

At the same time, inflation according to the CPIF measure is expected to rise to 1.4 percent this year and 2.7 percent next year. This is also a clear upward revision.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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