$TRUMP
$XAU Riksbank keeps rates at %1.75
and hints at a possible hike later this year
The Swedish central bank left its main policy rate unchanged at 1.75% on Thursday, in line with market expectations. The Riksbank also adjusted its projected path for interest rates, indicating that any rate hikes would begin before the end of the current year.
The updated guidance points to about a 50% chance of a 25-basis-point rate increase in November, while a hike at the December meeting appears more likely. The bank also raised its forecasts for interest rates in 2027, now expecting the equivalent of around 1.5 additional increases over the next year. The policy rate is expected to reach about 2.42% in the fourth quarter of 2027, compared with the previous estimate of 2.07%.
The central bank’s statement had a balanced tone, noting that there is excess capacity in the economy. The bank said that, excluding fiscal measures that mitigate inflation pressures, core inflation is expected to remain close to 2% throughout most of the forecast period. GDP growth expectations for 2026 were revised upward, though the bank indicated this was partly due to temporary factors. Core inflation forecasts based on the CPIF index saw little change, at 0.80% for 2026 and 2.00% for 2027.
#BinanceWillListHyperliquid(HYPE) #US10YTreasuryYieldHits19YearHigh #SpotBitcoinETFsInflow$2.31BInFourDays #BitcoinRejectedAt$87,300Twice #DollarIndexReclaims101
$XAU Riksbank keeps rates at %1.75
and hints at a possible hike later this year
The Swedish central bank left its main policy rate unchanged at 1.75% on Thursday, in line with market expectations. The Riksbank also adjusted its projected path for interest rates, indicating that any rate hikes would begin before the end of the current year.
The updated guidance points to about a 50% chance of a 25-basis-point rate increase in November, while a hike at the December meeting appears more likely. The bank also raised its forecasts for interest rates in 2027, now expecting the equivalent of around 1.5 additional increases over the next year. The policy rate is expected to reach about 2.42% in the fourth quarter of 2027, compared with the previous estimate of 2.07%.
The central bank’s statement had a balanced tone, noting that there is excess capacity in the economy. The bank said that, excluding fiscal measures that mitigate inflation pressures, core inflation is expected to remain close to 2% throughout most of the forecast period. GDP growth expectations for 2026 were revised upward, though the bank indicated this was partly due to temporary factors. Core inflation forecasts based on the CPIF index saw little change, at 0.80% for 2026 and 2.00% for 2027.
#BinanceWillListHyperliquid(HYPE) #US10YTreasuryYieldHits19YearHigh #SpotBitcoinETFsInflow$2.31BInFourDays #BitcoinRejectedAt$87,300Twice #DollarIndexReclaims101
