Sweden’s Riksbank kept its benchmark rate unchanged at 2.00% on Wednesday, matching market expectations as policymakers juggle above-target inflation and a sluggish economy. Governor Erik Thedéen said there remains “some probability” of a rate cut before year-end, reiterating guidance first given in June. The board’s statement noted inflation around 3% and weak household spending, while analysts now look to the 23 September meeting and upcoming GDP and consumer-price data for confirmation of the easing outlook. In the United States, Federal Reserve Bank of Atlanta President Raphael Bostic told a Metro Atlanta Chamber event on Thursday he still anticipates one interest-rate reduction later this year, though the projection is “subject to change” as economic data evolve. Bostic, who does not vote on the policy-setting FOMC in 2025, cautioned that recent labor-market trends are “potentially troubling” and said he wants any policy shift to be in a single direction. He added that rates should move closer to a neutral stance by 2026.
アトランタ連銀総裁、年内1回利下げの見方を維持 不確実性も強調 https://t.co/0UgCB5LuYd https://t.co/0UgCB5LuYd
Federal Reserve Bank of Atlanta President Raphael Bostic still sees potential for one interest rate cut this year, he said on Thursday. Bostic confirmed his one-cut projection from earlier this year, saying “that’s kind of still where I am.” Though he noted that the labor https://t.co/Feg2AQIIda
He is voting for no rate cut. https://t.co/5fP1xFXgug