Swedish Inflation Drops to 1.5%, Signaling Potential Interest Rate Cuts Ahead - PRESS AI WORLD
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Swedish Inflation Drops to 1.5%, Signaling Potential Interest Rate Cuts Ahead

share-iconWednesday, January 08 comment-icon2 weeks ago 9 views
News sources:
thelocalTHELOCAL
Swedish Inflation Drops to 1.5%, Signaling Potential Interest Rate Cuts Ahead

Credited from: THELOCAL

  • CPIF inflation in Sweden dropped to 1.5% in December from 1.8% the previous month, surprising experts who predicted a smaller decline.
  • The new figure is significantly below the Riksbank's target of 2%, raising discussions about possible interest rate cuts at the next meeting.
  • Core inflation also fell to 2.1%, which some analysts believe aligns closer to the target and further supports rate cut expectations.
  • Economists from Nordea, SEB, and Swedbank suggest the recent inflation figures indicate the Riksbank may act more aggressively in lowering rates.
  • Last year, the Riksbank reduced rates five times, and predictions suggest a potential drop to 2% by year-end 2025.

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