Super-sized rate hikes rising up the policy menu

The case for frontloading tightening cycles in Norway and Sweden is getting more and more compelling, not least because prolonging the inevitable would probably just raise the risk of harder landings for the economies. We now forecast the Norges Bank to increase its policy rate to 2.50% by November and think that an unscheduled rate hike by the Riksbank before its 20th September meeting is the most likely outcome.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.