A post by @FirstSquawk on X.
RIKSBANK'S BUNGE SAYS LIKELY NEED TO RAISE RATE OVER COMING YEAR
@FirstSquawk on X
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Riksbank Deputy Governor Anna Bunge said the Swedish central bank will likely need to raise its policy rate over the coming year, signaling that the easing cycle may be nearing its end. The remark points to a possible shift in the Riksbank's guidance after a period of rate cuts, with the policy rate currently at 1.75% following consecutive reductions. The comments matter for Swedish rate-sensitive assets, the krona and short-term government debt, as traders recalibrate expectations for the timing of the next move. Investors will watch upcoming inflation and activity data, along with speeches from other Riksbank officials, for confirmation that the central bank is preparing to lift rates.
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Bunge, Riksbank