Swedish Central Bank Maintains Optimistic Rate Cut Outlook

Riksbank Deputy Governor Per Jansson reaffirmed the Swedish Central Bank's forecast of executing two to three additional rate cuts within the year. He described this policy decision as balanced and consistent with current financial circumstances.


Devdiscourse News Desk | Stockholm | Updated: 04-09-2024 13:04 IST | Created: 04-09-2024 13:04 IST
Swedish Central Bank Maintains Optimistic Rate Cut Outlook
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Riksbank Deputy Governor Per Jansson has reaffirmed the Swedish Central Bank's forecast, stating that two to three additional rate cuts within the year still represent a balanced policy outlook.

"When we made our decision and communicated that about 2-3 more cuts during the remainder of the year, I considered that well-balanced," Jansson told reporters on Wednesday.

His comments were delivered on the sidelines of a conference, emphasizing the central bank's current stance on monetary policy adjustments.

(With inputs from agencies.)

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