Experts agree that the policy rate is likely to be raised another 0.25 or 0.5 per cent in two weeks. However, Handelsbanken's chief strategist Claes Måhlén believes that the interest rate will remain unchanged after that until mid-2024.
Thus, even if prices continue to rise, the speed at which they rise decreases.
SEB's Robert Bergqvist even believes that inflation may be back at the Riksbank's target of two per cent in a year's time.
But it will probably take a while before anything is visible on the policy rate.
"A tussilago doesn't make a spring. There may be setbacks, and the Riksbank is probably thinking too. So an increase of +.25 or 0.5 percent is probably in the cards now on April 26, says SVT's economic commentator Alexander Norén.