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Results: listing 1 - 6 of 330 for “The Riksbank”

Fast Comment Sweden — September inflation unexpectedly back in line with Riksbank's forecast: Exit night, enter light?

  1. No, worries remain. Base effects from last year’s drought-induced price spikes mean inflation set to pick up more
  2. However, forward-looking indicators are rolling over, so next year will see durably slower inflation
  3. Still likely that the Riksbank will call off planned rate rises, in our view

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — August business sector production brushing aside PMI scare, for now

  1. Better-than-expected growth outcome, with strong details
  2. But comfort may be short-lived as orders data continue to be poor
  3. Riksbank has been too optimistic; reaction to be expected at October meeting

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Economy has cooled more than we thought - revised historic national accounts; updated Q2 GDP estimate

  1. Our forecast for 2019 GDP looks too high, but probability for our below-consensus 2020 forecast rises
  2. Slow growth strengthens our call that Riksbank rate rises will ultimately be cancelled
  3. Are macro risks larger than we thought? Household savings much lower ahead of a deteriorating economy

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Downside surprise in August inflation partly temporary, but the Riksbank will likely face new disappointment this autumn

  1. Temporary factors weighed on inflation
  2. Inflation should pick up this autumn, but less than the Riksbank's forecasts; we stick to our call that a rate rise will be called off
  3. Inflation expectations show faith, but not unlimited faith, in the Riksbank

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Normalisation argument embodied – Riksbank's September announcement

  1. Riksbank stands firm on next rate rise, but eases hiking tempo thereafter sharply
  2. Another step toward a negative policy rate remaining for years to come
  3. In the shadow of a determined Riksbank, business sector production still holds up, for now

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Week ahead: Riksbank to flatten rate path; industrial production to keep resisting sentiment slump, for now

  1. First step toward calling of planned rate increases
  2. Business sector production to hold up OK, as manufacturing squeezes the last juice out of this cycle

Johan Löf, Senior Economist | jolo22@handelsbanken.se