26 Articles
26 Articles
The central bank of Sweden raised its basic interest rate this Wednesday for the first time since the start of the US-Iran war, and signalled that further increases in loan costs are likely. The Riksbank raised its basic interest rate from 1.75% to 2%, a movement that was already expected by investors after being signaled by policy makers at their last meeting. It was the first increase in more than three years. The Riksbank joins a growing numb…
The Riksbank decided on Wednesday, as expected, to raise the key interest rate by 0.25 percentage points to 2.0 per cent. The increase is justified by the fact that the recession is over and that the Swedish economy is doing better, while there is an increased risk of higher inflation in the wake of the energy crisis. Several experts warn against going too hard ahead with interest rate rises.
The Riksbank is raising the key interest rate by 0.25 percentage points. It is the first increase in three years – and the bank is flagging more.
Göteborgs-Posten
Threats of rising inflation are prompting the Riksbank to tighten its monetary policy and raise its key interest rate, the central bank announced in a new monetary policy decision on Wednesday. The bank is open to more increases going forward.
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