Analysts: No interest rate hike in February
TT/The Local - [email protected]
Published: 21 Jan, 2008 CET.
Updated: Mon 21 Jan 2008 08:24 CET
The Riksbank is likely to leave interest rates unchanged in February, according to a Reuters poll of Swedish analysts.
Two out of fifteen believed the central bank would raise interest rates by 0.25 percent. The remaining 15 said the Riksbank would leave the repo rate at 4 percent at its next meeting.
The result represents a change in mood since December, when half of the respondents in a similar poll predicted that the Riksbank would raise interest rates.
Since then, there have been mounting signs of a possible US recession and the Stockholm stock exchange has shed ten percent of its value.
Comments
See Also
Two out of fifteen believed the central bank would raise interest rates by 0.25 percent. The remaining 15 said the Riksbank would leave the repo rate at 4 percent at its next meeting.
The result represents a change in mood since December, when half of the respondents in a similar poll predicted that the Riksbank would raise interest rates.
Since then, there have been mounting signs of a possible US recession and the Stockholm stock exchange has shed ten percent of its value.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.