Bloomberg The Riksbank may soon have to abandon its dovish monetary policy and start raising rates in response to inflation overshooting its 2% target, according to Swedbank economists. The bank’s main scenario is that a first policy rate hike in early next year will be followed by a second one later in 2023. However, there is a risk that …

  Bloomberg Ukraine may increase borrowing costs further as concerns over a potential war with Russia pushed the country’s currency to the weakest level in a year. The central bank signalled last month that interest rates will continue to rise, although only a narrow majority of analysts in a Bloomberg survey expect such move at the meeting on Thursday. Five …

  Bloomberg Indonesia’s central bank gave the first signs Thursday that it will begin normalising policy, even as it left its benchmark interest rate unchanged. Bank Indonesia kept the seven-day reverse repurchase rate at a record-low 3.5% at its first monetary policy meeting of 2022, as predicted by all 29 analysts in a Bloomberg survey. In a briefing in Jakarta, …