Central Banks in the Nordics Set for Prolonged Hold After Rate Cuts

Central banks in Sweden and Norway will probably avoid cutting borrowing costs again this week as part of a prolonged pause for each of them to assess the impact of recent easing.

The Riksbank in Stockholm will keep its interest rate at 1.75% on Wednesday, while Norges Bank in Oslo will leave its own benchmark at 4% the following day, according to unanimous Bloomberg surveys of economists. Each decision will follow a so-called interim meeting, which means officials won’t release new forecasts.