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Central Bank Focus

Riksbank: A Dangerous Wait-And-See Approach

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The Riksbank’s cautious stance sets up a dovish pivot, reinforcing our long Swedish bonds view and SEK fade vs. USD. The central bank held rates at 2.25% for the second time this year, with Governor Thedéen describing policy as well-balanced despite rising…

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