Weak Inflation Casts Doubt on Riksbank Rate Hikes, Analysts Say
(Bloomberg) -- Sweden central bank is now more likely to delay hiking rates after weaker-than-expected inflation data for January, analysts say.
Swedbank’s chief economist Anna Breman says in tweet that the likelihood of the Riksbank following other central banks in holding off on further rate hikes has "increased significantly."
Danske Bank’s chief economist for Sweden calls it a serious blow for the Riksbank.
Nordea’s head of market strategy echos the sentiment:
The likely disappointment was, however, flagged by Nordea’s global FX strategist on Monday.
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