Allow me to be wrong

Tomorrow at 11am, Sweden's central bank AKA Riksbanken will issue its next monetary policy statement.

Today, spokespeople from Sweden's business community and one of the major Swedish trade unions have made similar statements and said that further increases in the policy rate could deepen the ongoing decline.

I still believe that Riksbanken will raise the policy rate by 25 basis points. After this potential increase, I believe that the policy rate will remain at 4.25% until the summer of 2024 and then drop a little.