Sweden's Central Bank Seen Cutting Rate Next Month in Survey
The Riksbank, which signaled a slight easing bias at its last meeting, will probably deliver a quarter-point reduction in Swedish borrowing costs already next month, according to a survey of economists by Bloomberg that contrasts with market pricing.
Fourteen out of 24 analysts who responded to the survey expect the officials in Stockholm to move in June, with the rest projecting the policy rate staying at the current 2.25% then. The median forecast is still for a terminal rate of 2% through the end of next year.
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