We can announce monetary policy decisions at any point in time - Riksbank

FXStreet (Mumbai) - Sweden's central bank announced on Tuesday it doesn’t need to hold a scheduled meeting before announcing a rate cut, suggesting that efforts to predict policy steps based on the bank’s calendar are pointless.

Tomas Lundberg, a spokesman for the Stockholm-based bank noted, The Riksbank "has the possibility to make monetary policy decisions at any point in time," adding that such a step "doesn’t have to take place at a pre-announced executive board meeting or a monetary policy meeting."

"If and when the executive board makes a monetary policy decision, we will as per usual communicate this as clearly as possible."