Central Banks
Riksbank to Avoid Longer Pause Before Final Cut, Minutes Suggest
- Last month, officials flagged one more cut in first half
- Riksbank published minutes of its Dec. 18 rate meeting
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Swedish central bankers are likely to resist a longer wait before a final reduction in borrowing costs even as they are adopting a more patient approach to changes in monetary policy.
At the meeting last month, several executive board members signaled their preference for a quarter-point key rate cut in the first months of the year, minutes published on Thursday showed. The officials had said in their statement dated Dec. 19 that the key rate “may be cut once again during the first half of 2025” if the outlook matches their expectations.