Concerns about insufficiently decisive Riksbank would put SEK under downward pressure – Commerzbank EURSEK Riksbank Banks
“Even though inflation expectations haven't risen, confidence in the Riksbank’s determination to get inflation under control has to remain intact. That is why it is unavoidable in my view that the Riksbank continues to hike its key rate and for it to possibly implement a 50 bps rate step in April.”
“If doubts about the Riksbank’s determination arise on the market that would constitute a negative sign for the Krona – even though the Riksbank underlines that a weak krona can also lead to further rate hikes. Concerns about an insufficiently decisive Riksbank would put the SEK under considerable downward pressure.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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