SEB Traders See Muted Reactions for Expected Jumbo Rate Cut
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The Riksbank is likely to step up the pace of easing this week, according to SEB AB traders who expect market movements to be limited after the decision is announced on Thursday.
The lender’s trading room survey showed that 63% of respondents believe the Riksbank will cut its benchmark interest rate by half a percentage point, to 2.75% from 3.25%, while 37% expect the Swedish central bank to continue lowering in quarter-point increments.