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Riksbank Seen Zeroing In on First Rate Increase in Seven Years

  • Sweden’s central bank is expected to hold rates in October
  • Riksbank may signal bigger probability for a December move
Updated on

Sweden’s central bank could this week give a clearer signal that it’s ready to tighten already in December as policy maker are growing eager to end almost four years of negative interest rates.

Governor Stefan Ingves and his colleagues are on Wednesday expected to keep their benchmark unchanged at minus 0.5 percent, but could signal a greater probability that they will move before the end of year rather than wait until February.