Interest Rate Cut Next Week "Rock-Solid"
Inflation is still clearly below the Swedish Central Bank's target. An interest rate cut next week is "rock-solid certain", according to analysts.
BusinessInflation is still clearly below the Swedish Central Bank's target. An interest rate cut next week is "rock-solid certain", according to analysts.
BusinessThe crown has fallen against both the dollar and the euro over the past month. This makes it more expensive for those who are vacationing in Europe – and can also become a headache for the Swedish Central Bank ahead of the autumn's interest rate decision.
BusinessIt will not be an interest rate cut on Thursday, according to some of the country's gathered experts. But Mattias Persson, chief economist at Swedbank, believes it will be seen as a mistake in hindsight. It should be an alternative, he says about a cut.
BusinessInflation is falling, but less than expected. This can be partly explained by rising hotel costs – to some extent a Taylor Swift effect, according to assessors. There may be a temporary Swift or Eurovision effect here, says chief economist Alexandra Stråberg.
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