1.30.2024

Hope for the best

On Thursday, February 1, 2024, Sweden's central bank will present the year's first monetary policy announcement on the key interest rate.

The last time Sweden's central bank AKA Riksbanken announced a monetary policy statement was on November 29, 2023, when they left the key interest rate unchanged at 4%.

No one expects a cut in the key interest rate on Thursday, but an indication that a cut could come in the near future.

It will be exciting to watch the partially televised press conference. For the Swedish economy, I sincerely hope that there will be some sign of a possible future interest rate cut in the near future.

It is far too "adulting" to want to watch a televised press conference from the central bank.

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