Riksbank Hike Imminent: November Rate Rise on the Horizon

The Riksbank is expected to hold interest rates at 1.75% on September 24, but there's growing pressure for a hike as soon as November or December.

This comes after August inflation undershot expectations, but external factors are mounting.

Higher oil prices and the more proactive stance of the European Central Bank and Federal Reserve could prompt the Riksbank to bring forward a hike that was already likely early next year.