Nordea: Riksbank to Raise Policy Rate in November and Again in February

Published:

Nordea: Riksbank to Raise Policy Rate in November and Again in February
Photo: Pontus Lundahl/TT

This would then mean a policy rate of 2.25 percent, a rate level that the Swedish Central Bank is expected to maintain throughout the forecast period, that is, until and including December 2028.

Previously, Nordea's assessment was that the two interest rate increases would come in the second and third quarters of 2027.

The reason for now predicting earlier interest rate increases is signs that the Swedish economy is growing stronger. In addition, several other central banks have already raised rates or signaled increases, which in turn will put pressure on the Swedish krona. An interest rate increase would reduce the risk of a weaker Swedish krona, Nordea writes.

Loading related articles...

Tags

Author

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

Keep reading

Loading related posts...