Nomura’s Global Markets Research report discusses the Riksbank’s decision to hold the policy rate at 1.75%. The report indicates increased uncertainty over the economic outlook and forecasts that the Riksbank will keep the rate unchanged throughout 2026, with a potential cut due to a stronger currency and slower inflation.
Riksbank’s outlook and policy rate guidance
« The press release repeated the guidance that has been in place since September that the policy rate “is expected to remain at this level for some time to come”. »
« However, the stronger currency, recent downside inflation surprises and slower Q4 GDP growth raise the probability of a policy rate cut. »
« Overall, we forecast an unchanged policy rate from the Riksbank for the remainder of 2026. »
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)