Sweden: Central bank raises interest rate to 2%
Sweden's interest rate has risen to 2% with expectations in the market for further monetary tightening.
The central bank of Sweden, the Riksbank, announced an increase in the key interest rate to 2%. This was reported today (Wednesday) by UA.NEWS and The Local Sweden. The bank indicated that, alongside the current decision, further interest rate hikes are expected in the near future, in line with the institution's monetary policy. Additional details regarding specific forecasts or the timeline for subsequent decisions have not yet been released.
Sources: UA.NEWS, The Local Sweden
Generated automatically by the Tevel desk and labelled as such.