Dear Sweden: ‘Slightly Hawkish’ Doesn’t Work Right Now
Remember, “hawkish” is a highly relative term – especially in light of recent events.
Remember, “hawkish” is a highly relative term – especially in light of recent events.
Well, here’s hoping the “dragon energy” is with you on Thursday.
As usual, lots on the docket.
“And Santa, if I don’t see you, the cookies are in the Tupperware bowl on the table that’s piled up with research reports I promise to read.”
Call it a “sleight of hand”…
“Wherever you come out on what will happen later this week, the shift is that all four banks will be on hold or hawkish. No one is talking about cuts. And that’s an appropriate change.”
RIKSBANK EXTENDS GOVERNOR STEFAN INGVES’ MANDATE BY FIVE YEARS
“Krona has appreciated faster than in [our] July forecast and while it’s reasonable to expect krona to appreciate due to the strong economy, it’s important that it doesn’t strengthen too rapidly,” Ingves said at the press conference, before stating the obvious as follows: “There are risks if Riksbank makes policy less expansionary before other, larger central banks.”