Chief Economist: Riksbank to raise interest rates in 2027

The Norwegian bank DNB predicts in a economic report that the new US president will prompt the Riksbank to raise interest rates in 2027.

Sweden is currently said to be heading towards a more stable economic growth after a period of uncertainty. DNB’s assessment is that the Riksbank will lower the policy rate by 25 basis points to 2.25 percent this year in order to stimulate economic activity.

However, the bank also predicts that core inflation will increase to 2.4 percent already in 2026, and at the beginning of 2027, the Riksbank is expected to raise the policy rate.

According to DNB’s chief economist Ulf Andersson, it is Donald Trump’s economic policies, including tariffs, that will contribute to fueling inflation in Sweden.

– It will have an impact on Sweden, claims Ulf Andersson in Affärsvärlden.

Furthermore, DNB’s assessment is that the Swedish krona will weaken further over the coming year. Their forecast indicates that a euro will cost 11.70 kronor and a dollar 11.05 kronor – in a year.