The energy-price shock and disrupted supply chains resulting from the Iran war and the closure of the Strait of Hormuz are expected to have significant inflationary effects.
Danske Bank's economists believe that the policy rate will then remain at this level until the end of 2027 and that, at the end of the forecast period - the beginning of 2028 - it will have been lowered again to 2.00 percent.
Variable mortgage rates normally follow the key interest rate. Three increases, or 0.75 percentage points, mean that the interest cost for a mortgage of three million kronor will cost an additional 22,500 kronor per year - if you ignore the effects of the interest deduction.
