Fears over Central Bank being too optimistic about economy

2:09 min

Sweden's central bank kept its benchmark negative interest rate unchanged at -0.25%, but surprised analysts, Thursday, with its announcement that the repo rate is expected to be raised aound the turn of the year.

Torbjörn Isaksson, chief analyst at Nordea, tells Radio Sweden that the prediction of an interest rate hike is "optimistic" and rather another rate cut is more likely to happen with the current global economic outlook.

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