- Riksbank: Split board could limit the upside potential for SEK in the event of a hike – ING
Market news
23 November 2023
Riksbank: Split board could limit the upside potential for SEK in the event of a hike – ING
Economists at ING analyze SEK’s outlook ahead of today's monetary policy decision from the Riksbank.
A very close call
We are slightly leaning in favour of a rate hike today, even though we admit it is a very close call.
A hold may be accompanied by an acceleration in quantitative tightening.
The FX impact won’t just depend on the outcome, since there is a tangible risk of a split board, which could limit the upside potential for SEK in the event of a hike.
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