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Results: listing 19 - 24 of 498 for “Inflation”

Swedish Rate Wrap — Headwinds mounting at the Riksbank

As we know, bad news tends not to travel alone. The inflation surprise in January was followed by weaker unit labour costs and continued low wage growth. The market's conclusion is that a repo rate hike will not come until December at the earliest. In this edition of the Swedish Rate Wrap, we review what would have to happen for our forecast of a repo rate hike in September to materialise.

Overall, there is a substantial risk that the Riksbank will ultimately be forced to lower its repo rate path in conjunction with its meeting on April 25, and thus signal a repo rate hike later than in September. However, the fact that the Riksbank opted not to revise its repo rate path in February, despite a lower inflation forecast, indicates a certain willingness to start raising the repo rate.

Claes Måhlén, Chief Strategist | clma02@handelsbanken.se

Fast Comment Norway — A busy macro week ahead: housing prices, Regional Network, manufacturing output and inflation

  1. Signs of improvements in the housing market
  2. Regional Network and manufacturing output point to robust growth
  3. Core inflation is expected to stay below Norges Bank’s short-term estimates

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Sweden — Thinking, fast and slow, in a week boasting a string of prominent macro indicators

  1. Crucial to dig deeper than headline indicators in Tuesday's sentiment surveys
  2. Will labour costs support the Riksbank's inflation target - Wednesday's National Acounts release not merely a GDP affair
  3. Will retail sales be revised down once more?

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Inflation in January

  1. Inflation lower than expected...
  2. ...but this is partly due to the change in the CPI basket composition
  3. Worrying signs for future trends, mixed with positives; plenty of time for the Riksbank to digest the outcome

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Sweden — Preview of January inflation

  1. Not the thriller it could be: Inflation moving sideways
  2. Still, faced with a multitude of year-end effects, interpretation difficulties might emerge
  3. We struggle to find the service price weakness that the Riksbank highlighted yesterday

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment US — CPI data keep inflation jitters alive

  1. Core CPI surprised on the upside with an increase of 0.3% m-o-m; consensus: 0.2% m-o-m
  2. Keeps the possibility of more aggressive Fed tightening alive
  3. Expect USD and yields to rise and stocks to fall

Jes Asmussen, Chief Economist Denmark | jeas01@handelsbanken.dk