The higher inflation is the reason, writes the bank's chief analyst Torbjörn Isaksson in an analysis.
Previously, the Nordea economists estimated that the Swedish Central Bank would lower once more in May, down to 2.0 percent, which was already a change from earlier forecasts of multiple interest rate cuts.
The Swedish Central Bank's repo rate currently stands at 2.25 percent.
Swedbank and SEB predicted in their economic reports on January 28 that the Swedish Central Bank would make another interest rate cut during the spring. Swedbank's assessment is that a cut to 2.0 percent will be made in March and SEB believes that a corresponding cut will be made in May.
Handelsbanken has in its forecasts counted on the Swedish Central Bank's latest interest rate cut on January 29 being the last for a while.
