Sweden raises key interest rate again to target inflation
14 Articles
14 Articles
Sweden raises key interest rate again to target inflation
STOCKHOLM (AP) — Sweden’s central bank has raised its key interest rate, saying inflation “is still far too high.” Riksbanken on Wednesday raised its policy rate by half a percentage point to 3.5% and added that it will ”probably” be raised further by a quarter-point in June or September. Annual inflation last month hit 10.6%,
Sweden raises key interest rate again to target inflation
STOCKHOLM (AP) — Sweden’s central bank on Wednesday raised its key interest rate, saying inflation “is still far too high and underlying inflation has been much higher than expected.” Riksbanken raised its policy rate by half a percentage point to 3.5% and added that it will ”probably” be raised further by a quarter-point in June […]
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