Swedish Central Bank Has Reached Bottom on Rates, Survey Shows

Sweden’s central bank has reached bottom on interest rates after cutting its benchmark deep below zero, according to a survey.

The bank will keep rates below zero until at least the first quarter 2018, according to a majority of respondents in a Bloomberg survey of 41 economists. That rhymes with the Riksbank’s own forecast that rates won’t go positive until early 2018. It’s about the same time as the European Central Bank, though earlier than the Swiss National Bank, Bank of Japan and Danish National Bank, according to the survey.