Riksbank hikes 25bp to 2.0%, supporting the Swedish krona
FROM THE WIRE · FXSTREET.COM
Societe Generale notes the Riksbank’s 25bp hike to 2.0% and guidance for further tightening, keeping policy accommodative versus neutral. Updated projections imply more hikes through 2028, narrowing the differential with the ECB.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA central bank rate hike and guidance for more tightening move the krona and Swedish yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Riksbank raised its policy rate by 25 basis points to 2.0%.
- 02Updated projections imply further hikes through 2028.
- 03Societe Generale sees the differential with the ECB narrowing.