Federal Reserve official and Swedish banks signal future interest rate hikes
Dallas Fed President Lorie Logan called for further US rate hikes, while Swedish banks Nordea and SBAB revised their policy rate forecasts for the Riksbank.
Federal Reserve Bank of Dallas President Lorie Logan stated that the US central bank needs to increase short-term interest rates by at least 0.5 percentage points to reach a "slightly restrictive" stance and guide inflation back to its 2% target.
Concurrently, major Swedish financial institutions adjusted their forecasts for the Riksbank’s policy rate. Nordea brought forward its timeline for rate increases, citing accelerating domestic economic expansion and global central bank trends. Nordea expects the key rate to hit 2.25 percent and remain unchanged through 2028. State-owned lender SBAB also revised its outlook, predicting rate hikes in December and February rather than its previous projection of November.
Sources: Dagens Industri, Svenska Dagbladet, Sydsvenskan.
Sources
Earlier coverage
- Oct 15, 2026, 06:30 AM UTCFed official signals rate hikes while Nordea advances Riksbank forecast
- Oct 13, 2026, 05:30 AM UTCUS Fed official backs rate hikes as Swedish banks update interest forecasts
- Oct 12, 2026, 11:30 PM UTCUS Fed official signals rate hikes while Swedish banks revise Riksbank forecasts
- Oct 12, 2026, 05:30 AM UTCFederal Reserve official urges US rate hikes as Swedish banks adjust Riksbank forecasts
- Oct 11, 2026, 10:30 PM UTCFed official advocates US rate hikes as Swedish lenders adjust Riksbank forecasts
- Oct 10, 2026, 10:30 PM UTCUS Fed official signals rate hikes as Swedish banks adjust Riksbank forecasts
- Oct 5, 2026, 05:00 AM UTCFederal Reserve official and Swedish banks signal further interest rate hikes