Riksbank Governor Bunge says recent cyclical indicators have been mixed, developments are in line with forecasts

• Recent outcomes indicate inflationary pressures may be low even when excluding certain effects.
• Several factors, including uncertain global geopolitical situation, could affect inflation, economic outlook, and policy rate.

Riksbank Governor Bunge's remarks suggest a cautious outlook as mixed cyclical indicators may point to subdued inflation pressures, even when removing specific effects. The mention of uncertain geopolitical factors indicates potential volatility in both inflation expectations and monetary policy, suggesting the Riksbank may be reticent to alter rates in the near term, which could impact the SEK and market sentiment toward Swedish assets.