Riksbank leaves its policy rate unchanged at 1.75% as expected; reiterates that the policy rate is expected to remain at this level for some time to come, in line with the forecast in December

The Riksbank's decision to keep the policy rate unchanged at 1.75% reaffirms market expectations and indicates stability in their monetary policy amidst geopolitical uncertainties.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

Nokia's (NOKIA FH) CEO says that data centre business is still mainly in the US, adding that AI is emerging in EU and Asia

STMicroelectronics (STM FP) December's consumer electronics chip shipment rose by more than 8%; led by mobile and PC components

Riksbank leaves its policy rate unchanged at 1.75% as expected; reiterates that the policy rate is expected to remain at this level for some time to come, in line with the forecast in December

H&M (HMB SS) CEO says demand has stayed strong in the US

Zijin Mining reportedly seeks USD 1.5bln from convertible bond, according to the terms sheet

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

ECONOMY

  • The Swedish economy has so far proved resilient to the uncertainty related to the geopolitical situation and higher tariffs, but sentiment in the household and corporate sectors can deteriorate rapidly.

INFLATION

  • Inflation was lower than expected in December, and is now close to the target of 2 per cent. Overall, the outlook for inflation and economic activity from December remains largely unchanged.

LABOUR MARKET

  • The labour market situation remains weak, but there are increasingly clear signs of improvement.

SEK

  • Further uncertainty factors include the development of the krona and its effects on inflation, as well as how more expansionary fiscal policy in Sweden and other countries affects the economy going forward.
Context

While inflation is aligning nearer to the target and there are signs of labour market improvement, the cautious tone suggests continued vigilance on external factors, such as SEK volatility and potential fiscal policy impacts. This positioning is likely to influence Swedish yields and the krona's trajectory going forward.

Related headlines

The whole workspace, free to try.

Try it free