Analysts at TD Securities points out that the Riksbank released their semi-annual Financial Stability Report and they flagged falling house prices, vulnerabilities in the banking sector, and external risks as three areas of concern, broadly in line with their May assessment.
Key Quotes
“On the housing front, however, they shifted their view slightly, expressing concerns about the sustainability of the sector to uncertainty effects, rather than simply worrying about outright price declines as in the past.”
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