Riksbank warns Middle East escalation could mean much larger rate hikes
A unanimous board of directors left the Swedish Central Bank's policy rate unchanged last week. But the meeting minutes indicate that an increase is near.
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Swedish Central Bank Poised to Respond to Economic Uncertainty
The turbulence surrounding the Trump administration's tariffs and security policy overhaul has "undoubtedly increased uncertainty" around both inflation and recovery in the Swedish economy, according to Vice Governor of the Central Bank Aino Bunge. The Central Bank is, according to Bunge, ready to act "if necessary".
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The Central Bank: Payment Solutions in Crisis Must Be Rushed
The security situation is deteriorating and the Central Bank wants to ensure that by next summer at the latest, it will be possible to buy essential goods with a credit card even offline.
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Thedéen: Likely with another interest rate cut
It is likely that the interest rate will be lowered again within six months, according to the Central Bank Governor Erik Thedéen.
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The Central Bank is worried about inflation backlash
The Swedish Central Bank's board is aiming for further cuts in the interest rate, but warns against cutting too quickly. Inflation risks then turning upwards again. The krona is identified as a risk factor – in combination with a difficult-to-assess geopolitical situation, according to the minutes from the latest meeting.
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