Sweden Is Set for Wait-and-See Stance on Interest Rates

Sweden’s central bank is set to confirm that war-induced inflation risks have derailed any prospect of an imminent interest-rate cut, when its latest decision is revealed this week.

Riksbank policymakers are widely expected by economists to keep their benchmark at 1.75% for the fourth meeting in a row. That announcement on Thursday is likely to be accompanied with their prior message that borrowing costs may stay there “for some time to come.”