Riksbank Is Poised for a Pause on Rate Cutting: Decision Guide

Swedish policymakers are probably about to follow up last month’s interest-rate cut with a pause — accompanied by a signal for further easing later this year.

BNN BloombergJun 26 19:52

Swedish Government Claims Victory in Fight Against Inflation

Sweden’s government is ready to move away from a fiscal policy designed to hold back price increases as it sees more scope for supporting an economy that is marked by rising unemployment and weak domestic demand.

BNN BloombergJun 24 17:04

The governor of the central bank stated that the MLF can dilute the policy interest rate color. Will the LPR be independently lowered in the future? Industry insiders: it is very likely in the third quarter, with many precedents before this.

On June 19th, Pan Gongsheng said that in the future, a short-term operation rate of the central bank could be considered the main policy rate. The rate of other monetary policy tools of different maturities can dilute the color of the policy rate and gradually clarify the transmission relationship from short to long; industry insiders interviewed said there is a possibility of independently lowering LPR quotes in the third quarter. Statistical data shows that the LPR rate has been lowered multiple times without the MLF changing, and even significantly reduced.

cls.cnJun 20 16:20

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 17:05

Riksbank Survey Shows Retailers Believe Worst Is Behind Them

Sweden’s economic situation remains weaker than normal in the business sector, but there are clear hopes across all industries that the situation will have improved within six months, according to a survey of businesses by the country’s central bank.

BNN BloombergJun 17 16:10

Net return of 55 billion yuan! What is the signal as the central bank continues to shrink MLF again?

Experts believe that from a quantitative perspective, current liquidity is reasonably abundant and banks have relatively low demand for the central bank's "water supplement", so the central bank's reduction in MLF may be aimed at avoiding idle funds.

券商中國Jun 17 15:00