Central banks and analysts anticipate further rate hikes as economic growth continues

Dallas Federal Reserve President Lorie Logan indicated that the US central bank must increase short-term interest rates by at least 50 basis points. Logan stated that additional tightening is required to make monetary policy "slightly restrictive" and return inflation toward the 2 percent target.

Meanwhile, Swedish bank Nordea updated its forecast for Sweden's Riksbank, bringing forward expected rate increases. Nordea projects the benchmark rate will reach 2.25 percent and remain at that level through December 2028, citing a strengthening Swedish economy and global policy adjustments.

Sources: Dagens Industri, Svenska Dagbladet.