Nordic & Swiss Central Bank Watch SNB & Norges Bank set to maintain the status quo We do not expect the Swiss National Bank or the Norges Bank to throw up any festive surprises at their final policy announcements of the year next Thursday (17th December). Vaccines point to brighter... 10th December 2020 · 6 mins read
ECB Watch ECB to keep supporting economy during recovery Policymakers at the ECB have already flagged that they will extend their support for the economy at their monetary policy meeting next Thursday, primarily by “recalibrating” the Pandemic Emergency... 3rd December 2020 · 7 mins read
Nordic & Swiss Central Bank Watch Riksbank to pre-empt ECB easing next week The Riksbank is likely to leave its repo rate on hold at zero next Thursday (26th November). But with the economy heading south, and the ECB gearing up to ease again, we think there is a good chance... 19th November 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Don’t expect any fireworks next week The Norges Bank will almost certainly leave its key interest rate on hold at zero next Thursday and will probably reiterate that it is in no rush to hike. However, given the backdrop of rising house... 29th October 2020 · 5 mins read
ECB Watch ECB set to respond to second wave With the economy flagging again, policymakers at the ECB are likely to provide more support either at next week’s Governing Council meeting or, more likely, in December. We have pencilled in an... 22nd October 2020 · 8 mins read
Nordic & Swiss Central Bank Watch SNB to hold again; Norges Bank set for hawkish shift We expect the Swiss National Bank and the Norges Bank to both leave their policy settings unchanged next Thursday (24th September). But while the former will no doubt sound as dovish as ever... 17th September 2020 · 6 mins read
Nordic & Swiss Central Bank Watch Riksbank to keep policy settings on hold next week After a tweak-laden last policy meeting, the Riksbank is likely to maintain the status quo next Tuesday (22nd September). While there is no burning platform for policy change, we think that the next... 15th September 2020 · 5 mins read
ECB Watch Growth slowdown, virus rebound to keep ECB dovish The ECB will not make any major policy changes at next week’s Governing Council meeting, but President Lagarde will emphasise that policymakers expect to use the current €1.35trn PEPP envelope in full... 3rd September 2020 · 7 mins read
Nordic & Swiss Central Bank Watch Norges Bank to maintain the status quo The Norges Bank will almost certainly leave its key interest rate on hold at zero next Thursday (20th August), and we expect it to reiterate that it is in no rush to tighten policy. 13th August 2020 · 5 mins read
ECB Watch ECB to take a breather but more support to come We don’t expect any changes to ECB policy next week, but Christine Lagarde is likely to maintain a dovish tone by signalling that policymakers are open to making additional asset purchases and... 9th July 2020 · 7 mins read
Nordic & Swiss Central Bank Watch Riksbank set to keep its powder dry next week While we still expect the Riksbank to cut its repo rate back into negative territory later this year, it is set to keep its powder dry at its policy announcement next Wednesday (1st July). 24th June 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Brace yourself for two boring policy meetings The Swiss National Bank and the Norges Bank are all but certain to leave their policy settings unchanged at the scheduled announcements next Thursday (18th June) and for the foreseeable future. 11th June 2020 · 6 mins read
ECB Watch Another half trillion of bond purchases Policymakers have signalled their intention to further expand the Pandemic Emergency Purchase Programme at the monetary policy meeting next Thursday. At a minimum, we think they will add a further... 28th May 2020 · 7 mins read
Nordic & Swiss Central Bank Watch Norges Bank set to continue its easing cycle next week Given the toxic combination of Covid-related disruption and precipitous plunge in oil prices, we think that the Norges Bank’s easing cycle has further to run. Whereas financial markets are pricing in... 1st May 2020 · 5 mins read
ECB Watch ECB set to ramp up asset purchases The ECB has ramped up its asset purchases to a record pace, but this still doesn’t look like enough. We think it will expand the Pandemic Emergency Purchase Programme, and may explore extra measures... 23rd April 2020 · 8 mins read
Nordic & Swiss Central Bank Watch Negative rates to come back on agenda before long Having pulled out all the stops since its last scheduled policy meeting, in February, we suspect that the Riksbank will take stock next week. However, as the focus shifts away from monetary... 23rd April 2020 · 5 mins read
