Japanese Vice Minister of Finance Masato Kanda will give a briefing after the tripartite meeting.

German Economic Research Institute: German GDP growth is expected to be 0.1% in 2024, down from the 1.3% forecast in the autumn.

European Central Bank executive member Cipollone: Data show that wages have fallen moderately and are trending towards a level consistent with the inflation target.

European Central Bank executive member Cipollone: Real wage growth needs to gradually become consistent with productivity growth.

Cipollone, executive member of the European Central Bank: The economic environment will help the recovery of real wages in the short term, but it will not trigger inflation.

European Central Bank executive member Cipollone: We need to wait for further data before starting to normalize policy rates.

European Central Bank Executive Member Cipollone: Inflation uncertainty has decreased and there is increasing confidence that the target will be achieved by mid-2025.

Riksbank: GDP growth is now expected to be +0.3% in 2024, compared with the previous forecast of -0.2%.

EUR/SEK rose 0.3% to 11.5100 after the Swedish central bank kept interest rates unchanged.

Riksbank: New information and its expected impact on the economic and inflation outlook are decisive factors in determining monetary policy.

Riksbank: Risks include new supply shocks from geopolitical unrest, the Swedish krona continuing to weaken, or corporate pricing behavior not normalizing as expected.

Riksbank: Monetary policy needs to be adjusted carefully.

Riksbank: The policy interest rate is expected to average 3.20% in the first quarter of 2025, lower than the previous forecast of 4.10%; the policy interest rate is expected to average 2.76% in the first quarter of 2026, lower than the previous forecast of 3.78%; it is expected that in the first quarter of 2027 The quarterly policy rate averaged 2.58%.

Riksbank: The policy interest rate is expected to average 4.00% in the first quarter of 2024, lower than the previous forecast of 4.04%; the policy interest rate is expected to average 3.93% in the second quarter of 2024, lower than the previous forecast of 4.10%; it is expected that in the third quarter of 2024 The quarterly policy rate averaged 3.70%, down from the previous forecast of 4.10%.

Riksbank: If the inflation outlook remains favorable, it may cut interest rates in May or June.

Riksbank: CPIF is now expected to be 1.9% in 2025, compared with the previous forecast of 1.7%.