Sweden Riksbank to acknowledge the uptick in inflation expectations

Riksbank is expected to sound cautious and express its readiness to engage in further easing should the recent inflation recovery come to a stand-still.

Yet, Riksbank forecasts a modest uptrend in inflation in the coming months. In that sense, the Riksbank remains totally data-dependent and will likely continue to assess the inflation recovery towards more mandate-consistent levels. 

A mild risk is seen that the Riksbank increases the size of its current asset purchase (QE) program but still expect the SEK to be stronger from an unchanged rate decision, says Barclays.