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5 Feb 2016
Riksbank expected to remain ‘on-hold’ next week – TDS
Strategists at TD Securities expect the Riksbank to refrain from loosing further its monetary conditions at its meeting on February 11.
Key Quotes
“The Riksbank meets, and we expect no change in policy”.
“But the decision is finely balanced. From an economic perspective, the Swedish economy is doing just fine”.
“But the Riksbank is worried about SEK, and given its track record of easing when not required, we see significant risks that they cut the repo rate by a further 10bps”.
Key Quotes
“The Riksbank meets, and we expect no change in policy”.
“But the decision is finely balanced. From an economic perspective, the Swedish economy is doing just fine”.
“But the Riksbank is worried about SEK, and given its track record of easing when not required, we see significant risks that they cut the repo rate by a further 10bps”.