" />
Post a Comment Print Share on Facebook

The ECB announcement is good news for borrowers

the European central bank (ECB) will wait with a change in interest rates, at least until the end of the year or alternatively even longer than that, " announc

- 11 reads.

The ECB announcement is good news for borrowers

the European central bank (ECB) will wait with a change in interest rates, at least until the end of the year or alternatively even longer than that, " announced the bank in connection with its interest rate announcement. The reason is expected lower growth and lower inflation than previously thought in the year and next year.

will be unchanged, and with the end of the summer.

the ECB-announcement also means that the Riksbank may raise its benchmark interest rate later than the flagged date, sometime in the second half of the year. Already before, many analysts doubt whether the Riksbank really will follow its own forecast.

– There are no domestic reasons to raise, " says Nordea's chief analyst Torbjörn Isaksson, pointing out that inflation and growth are assessed to be on the way down.

in part also from. The riksbank has often stated the dependence of what the outside world, with the important European central bank in the lead, find on with its monetary policy. Nordea's economists predicted before Thursday's ECB announcement that the next rate hike will come towards the end of the year, but it is now more uncertain, according to Isaksson.

"the ECB is even softer than expected, it increases the likelihood that the interest rate increase is expected later than that," says Torbjörn Isaksson.

Even the players in the fixed income and currency markets seem to be on the same line. The Swedish krona weakened considerably at the same time, as market interest rates fell.

Boräntan: Here are the banks ' real interest rate

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.