Riksbank holds, but keeps option to hike on the table
Updated forecast builds on assumption that oil supply will begin to normalise ‘in the near term’
Sveriges Riksbank held rates at 1.75% at its policy meeting today (June 17).
At a press conference announcing the decision, the bank’s governor Erik Thedéen said that although inflation in Sweden was still low, the war in the Middle East had led to higher inflation abroad and increased cost pressures for Swedish businesses.
The bank also published a new forecast. Thedéen explained that the Riksbank was now expecting a “slightly higher” policy rate: the figure for Q3 2026 was updated from 1.75% in
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