Riksbank to keep the repo rate on hold in December - TDS

Analysts at TD Securities are expecting the Riksbank to keep the repo rate on hold at its December meeting, but keep the door open to a February hike.

Key Quotes

“With consensus divided, the tone is likely to be cautious, with disappointing domestic data and a deteriorating international backdrop pointing to a slower pace of hikes going forward.”

“FX: An on-hold decision returns our focus to upside risks in EURSEK. It may be difficult to manage perceptions the Riksbank has missed its window to tighten policy as growth and inflation momentum fades in the region and beyond.”