Riksbank Preview: Forecasts from seven major banks, positioning for its first rate hike Riksbank EURSEK Sweden Inflation Banks
on Thursday, April 28 at 07:30 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of seven major banks for the upcoming central bank's meeting.
The central bank is expected to deliver a hawkish hold despite multiple hot CPIF readings. All eyes will of course be on the Riksbank's projected rate path profile.“The upcoming Riksbank meeting is likely to see the Executive Board finally capitulate to the realities of high inflation. We expect an announcement to slow reinvestments from H2 and for the policy projections to show 2 or more rate hikes this year. We now expect hikes in Jun, Sep, and Nov.
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