Sweden and Norway leave interest rates unchanged amid global turmoil

Sweden and Norway leave interest rates unchanged amid global turmoil

The Swedish and Norwegian central banks are both keeping their interest rates steady for now, but future cuts are possible despite economic uncertainty in the wake of US tariffs.

Sweden, Norway keep interest rates steady

The central banks of Norway and Sweden kept their key interest rates unchanged Thursday, but both signalled future cuts are possible despite economic uncertainty in the wake of US tariffs. Sweden’s Riksbank left its policy rate at 2.25 percent, saying it would be “wise to wait” for more information to get a “clearer picture” of the outlook for inflation and economic activity. “Uncertainty in the global economy has increased significantly since t…