The Swedish central bank, the Riksbank, announced its monetary policy decision on Thursday, keeping the benchmark interest rate unchanged at -0.25% versus -0.25% expected. Key Headlines: Riksbank sees next hike toward year end or early 2020. Recent outcomes suggest that inflationary pressures are slightly weaker than expected. Assesses that rate will remain at this level for a somewhat longer period of time than was forecast in February. Repo rate is expected to be raised again towards end of year or at beginning of next year -rate rises thereafter are expected to occur at a somewhat slower pace. Inflation close to target but slightly weaker inflation prospects. However, outcomes in recent months suggest that inflationary pressures are slightly weaker than expected. Overall, inflation is now expected to be somewhat lower over next few years compared with previous forecast. The EUR/SEK pair extended its recent bullish momentum and rallied hard to hit fresh seven-week highs at 10.6503, as the Swedish Krona slipped on the status-quo and bearish view on the inflationary pressures. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoJ: Time specific forward guidance – Rabobank FX Street 4 years The Swedish central bank, the Riksbank, announced its monetary policy decision on Thursday, keeping the benchmark interest rate unchanged at -0.25% versus -0.25% expected. Key Headlines: Riksbank sees next hike toward year end or early 2020. Recent outcomes suggest that inflationary pressures are slightly weaker than expected. Assesses that rate will remain at this level for a somewhat longer period of time than was forecast in February. Repo rate is expected to be raised again towards end of year or at beginning of next year -rate rises thereafter are expected to occur at a somewhat slower pace. Inflation close to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
