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6 Aug 2019
Swedish NIER sees Riksbank waiting till autumn 2020 to hike rates
The Swedish National Institute of Economic Research (NIER), a government agency, is out with its outlook on the Swedish economic growth, inflation and central bank’s monetary policy.
Key Highlights:
Sees Riksbank repo rate: -0.25% at end 2019.
Sees Riksbank repo rate at 0.00% at end 2020.
Sees Riksbank waiting till autumn 2020 to hike rates.
Sees 2020 GDP growth: 1.3% (June est 1.4%).
Sees 2019 CPIF rising 1.9% (June est: 1.8%).
Sees 2020 CPIF rising 1.8% (June est: 1.7%).