Thedéen replies that the Riksbank cannot stop forecasting if decisions are to be made that have a bearing on the future. On the other hand, the financial analyst is right that one should not overemphasize the accuracy of the forecasts, answers Thedéen.
After the Riksbank’s expected announcement of an increase in the key interest rate to 3 percent last week – the highest level in 15 years – the new Riksbank Governor Erik Thedéen presented an unexpectedly hawkish forecast. There could be another double increase already in April, was the message.
— Households should not take this forecast as a promise or something that is very likely. On the contrary – it is extremely uncertain, he says in the programme.