Another intermeeting cut by the Riksbank? – TDS

FXStreet (Edinburgh) - Rich Kelly, Head of Global Strategy at TD Securities, sees the Riksbank lowering further its repo rate on Monday.

Key Quotes

“While a close call, we believe the soft CPI and inflation expectations data this week is likely to cause the Riksbank to deliver another intermeeting rate cut off 10-15bps when they hold their non-policy Board meeting on Monday”.

“As this is not a scheduled meeting, there is no scheduled time, though the last surprise was announced around 12:45pm BST”.