Although it was partly due to higher food prices, the jump in the “core” measure of inflation in Sweden to 9.3% will reinforce policymakers’ determination to raise rates further. We expect another 50bp hike in April and it seems increasingly likely that that will not be the end of the tightening cycle.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.