Investing.com — Economists are divided on the number of quarter-point interest-rate cuts Sweden’s central bank, the Riksbank, will make during the first quarter of the year.
A survey by Bloomberg revealed a split among twenty respondents, with half predicting a decrease in the benchmark rate to 2.25% by the end of March, and the other half forecasting a fall to 2% by the quarter’s end.
Last month, the Riksbank’s policymakers indicated a preference for a single 25-basis point cut from the current 2.5%, likely to occur in the early months of the year.
This outlook has been reinforced by recent data, including a larger-than-anticipated slowdown in inflation in December.
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