Sweden
People: Saudi governor elected to BIS board
Plus senior appointments in Asia, the Middle East and Europe
People: Bunge made first deputy governor at Riksbank
Plus: Promotions in India and Singapore, and Santos Pereira takes charge in Portugal
Central banks must focus on comms – Bank of Finland panel
Institutions need to concentrate on anchoring inflation expectations, governors say
Riksbank cuts rates, teases end to QT in December
Swedish central bank says uptick in inflation is transitory
Riksbank deputies say rate forecasting key to transparency
Officials say advantages of openness outweigh drawbacks
Little impact on Sweden’s inflation from US’s China tariffs – study
Sveriges Riksbank paper says levies will affect Swedish exporters in as yet unknown ways
Be proactive on AI and quantum, Riksbank deputy says
Authorities should collaborate despite geopolitical tensions, says Aino Bunge
Riksbank holds rates, signals one more cut possible in 2025
Lacklustre economic activity and higher-than-expected inflation fail to convince bank to cut
Speedy on-boarding: the push for faster model approvals
Europe’s banking watchdog is planning to streamline how it authorises credit model updates. Not a moment too soon, say bankers
Climate change among issues that became ‘taboo’ during QE – study
Central banks also exercised “strategic silence” on house prices to avoid becoming politicised
Norway, Sweden and Switzerland cut, while Moldova holds
Swiss and Nordic banks ease policy by 25bp
Sweden moves to improve liquidity provision in resolution
Riksbank and debt office develop “joint approach” to clarify how lenders can source liquidity in crisis
Banks should better balance liquidity among themselves – Riksbank
US fiscal position also places “serious questions” over dollar’s role as reserve currency, bank says
Russia’s neighbours work to enable digital offline payments
Central banks in Nordic and Baltic countries prepare back-up plans in event of major internet outages
Riksbank: everyone should be able to pay in cash
Bank welcomes government report calling for payments in physical currency to be facilitated
Central banks should focus on supply risks – Riksbank governor
Thedéen says recent years’ shocks were not demand-driven and neither are today’s geopolitical tensions
Albania, Norway, Sweden hold rates, Poland cuts by 50bp
Falling food and energy prices amid high trade uncertainty prompt cautious approaches
AI forecasting outperforms traditional methods – study
New approach still only complements existing models but results are promising, say authors
Riksbank reshuffles strategic asset allocation
Dollar-denominated holdings increase while euro takes backseat in new “holistic approach"
Iceland and Switzerland cut rates, while Sweden holds
Central banks highlight global developments and high levels of uncertainty
Riksbank makes Skr36 million profit in 2024
However, Swedish treasury will not benefit as central bank failed to reach its target equity level