According to multiple reports, the market now expects an interest rate hike this year and another one in 2027. This marks a stark turnaround from just a couple of weeks ago, when there was about a 50 percent probability that the Riksbank would implement an interest rate cut during 2026. After the weekend's events with soaring oil prices, the situation is the opposite, though the specific events causing the oil price surge have not been detailed.
The repricing has been significant, with current market indicators pointing to a hike from the Riksbank in September this year, according to Östgöta Correspondenten. The exact probability or market expectation for the interest rate hike in September 2026 remains unclear, and the Riksbank's official stance or response to these market expectations has not been confirmed. Additionally, the term 'ytte' in the quote appears to be a typo or incomplete text, and it is unknown how other economic indicators like inflation or GDP have influenced this shift in market expectations.
It has been repriced quite a lot. Right now, it is a hike from the Riksbank's side to September this year and ytte