tradingkey.logo

Swedish Riksbank's Thedeen says it will take time for rate cuts to have full impact

ReutersFeb 6, 2025 7:48 AM

Adds central bank governor comment in paragraphs 2-3

- It takes time for the Swedish central bank's relatively big rate cuts that were made in a short period of time to attain full impact, which suggests a degree of patience in monetary policy going forward, Riksbank Governor Erik Thedeen said on Thursday.

"I think the various statements about tariffs in recent days are also a good illustration of the need for a certain degree of patience," Thedeen added.

He said in a statement there are signs of economic rebound, but uncertainty remains high.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI