Mikael Sarwe, Research Analyst at Nordea Markets, points out that the Riksbank choose to stick to the previous rate path with the first rate hike in Q4 2018 in its policy meet today.
Key Quotes
“The market still discounts a much flatter repo rate path and we see no reasons why that should change.”
“Ohlsson wanted to hike already now and Flodén September or October. But those are the hawks, so it was expected that they would enter reservations.”
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