MARKET TALK: Riksbank Lowers 2012, 2013 Rate Path - SEB

0800 GMT [Dow Jones] Sweden's Riksbank raises its repo rate by 25 bps to 0.5%, as expected, but lowers its rate forecast in 2012, 2013 earlier than expected, notes SEB. "A lower rate path further out is reasonable given low inflationary pressure and uncertain outlook regarding the euro zone," SEB says. The bank maintains its forecast for 1.25% repo rate by end-2010, the top end of the Riksbank's forecast of 1%-1.25%, which implies further hikes in September and October, SEB says. EUR/SEK trades at 9.5907 from 9.55 before the hike. (ian.edmondson@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires July 01, 2010 04:00 ET (08:00 GMT)