Sweden's central bank chief says 2 to 3 more rate cuts this year is a 'forecast not a promise' [MSNBC.com]
![MSNBC.com](../../../Content/images/providers/MSNBC.com.png)
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: MSNBC.com
watch nowVIDEO10:25Sweden central bank governor: Two to three more rate cuts this year is our best forecastSquawk Box EuropeSweden's Riksbank on Thursday said it may cut interest rates up to three more times this year — as the central bank's governor, Erik Thedéen, warned it must proceed with caution."Two or three cuts is a forecast, it's not a promise, and we will adapt monetary policy according to incoming information," Thedéen told CNBC's Arabile Gumede.The Riksbank announced Thursday it would hold its policy rate at 3.75% at its June meeting, aftercutting by 25 basis pointsIt had forecast just two cuts during the second half of the year at its May meeting."Our inflation forecast is pointing to a good inflation outlook, we're still already now very close to our target and our forecast has pointed to 2% inflation in the coming months and years," Thedéen said."Of course, there is uncertainty around that, we got a little bit of a backlash in May, so we want to have a little bit more t
Show less
Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ING alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- Sweden's central bank chief says 2 to 3 more rate cuts this year is a ‘forecast not a promise' [CNBC]CNBC
- Turkey Keeps Hawkish Bias With Rates on Pause for Another Month [Yahoo! Finance]Yahoo! Finance
- Turkey Keeps Hawkish Bias With Rates on Pause for Another Month [BNN Bloomberg (Canada)]BNN Bloomberg
- Turkey Keeps Hawkish Bias With Rates on Pause for Another Month [Yahoo! Finance Canada]Yahoo! Finance Canada
- Currencies from Colombia, Brazil Lead Emerging Peers Lower [Financial Post (Toronto, Ontario, Canada)]Financial Post
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 6/26/24 - Form 6-K/A
- 6/25/24 - Form 6-K
- 6/18/24 - Form 6-K
- ING's page on the SEC website