Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
- Sweden's central bank, Riksbanken, cut its key interest rate by 0.5 percentage points to 2.75%, marking the largest reduction in over a decade.
- The cut aims to provide further support to the economy and help stabilize inflation at the target, according to Riksbanken.
- Riksbanken stated that the policy rate may also be cut again if economic activity and inflation outlooks remain unchanged.
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Total News Sources0
Leaning Left7Leaning Right5Center8Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 35%
C 40%
R 25%
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