3.24.2024

Many will watch the press conference

Next Wednesday, Sweden's central bank AKA Riksbanken will present its next interest rate announcement. This time, Riksbanken also gives a forecast of how they see the future development of the Swedish policy rate.

The market expects that the policy rate will be unchanged at this point, but that reductions will take place in 2024. The last time Riksbanken lowered the policy rate was February 2016.

Although I hope that Riksbanken lowers the policy rate next week, I still think that a reduction will come in August 2024 at the earliest.
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