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Results: listing 1 - 6 of 281 for “The Riksbank”

Swedish Rate Wrap — Weak core inflation to lower the repo rate path

Weaker figures, primarily for the CPIF excluding energy, will in all probability prompt the Riksbank to lower its repo rate forecast at its monetary policy meeting in two weeks. In our view, major revisions are not warranted because the Swedish krona is markedly weaker than the Riksbank's forecast. We now expect the Riksbank to increase the repo rate by 25 basis points in December, instead of in September.

Claes Måhlén, Chief Strategist | clma02@handelsbanken.se

Ränterullen — För låg kärninflation ger lägre räntebana

Svagare utfall för framförallt KPIF exklusive energi gör att Riksbanken med största sannolikhet kommer att sänka reporänteprognosen i samband med det penningpolitiska mötet om två veckor. Någon större revidering är inte motiverad utifrån att kronan är påtagligt svagare än Riksbankens prognos. Vi räknar med att Riksbanken höjer med 25 punkter i december, i stället för september som var vår tidigare prognos.

Claes Måhlén, Chief Strategist | clma02@handelsbanken.se

Fast Comment Sweden — Inflation in March: Riksbank to delay rate hike

  1. Inflation back in line with Riksbank forecast
  2. Driven by surprisingly high energy prices; underlying inflation also looks decent
  3. Riksbank to delay rate hike, as core inflation disappointment tips the balance

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Preview of March inflation

  1. Expect a surge in inflation...
  2. ...but the spike is temporary, as the CPI is once again riding the airfares rollercoaster
  3. Underlying inflation on an upward trend, giving the Riksbank an opportunity to stay the course at April meeting

Johan Löf, Senior Economist | jolo22@handelsbanken.se

FX Pilot — The Riksbank has managed to take the SEK back to crisis levels

The EURSEK is now trading at the same level as it did at the end of the great financial crisis, and the same is basically true for the KIX index. The combination of the low reading for inflation in January and uncertainty in equity markets is guiding the SEK lower and lower. Still, if the next inflation number is in line with expectations, or higher, it is hard to see the Riksbank changing the current repo rate path at the upcoming April meeting, as long as the EURSEK remains elevated. This will be positive for the SEK and we therefore stick to our forecast of a lower EURSEK.

Lars Henriksson, Strategist | lahe06@handelsbanken.se

Fast Comment Sweden — Unemployment in February

  1. Unemployment way below expectations...
  2. ...but there are several caveats to today's reading
  3. Riksbank will get March unemployment data at a very late stage in decision making process

Johan Löf, Senior Economist | jolo22@handelsbanken.se