Sweden Central Bank Stands Pat, But Says It Could Cut Again This Year
- Sweden's Central Bank decided to keep the key interest rate at two percent on Wednesday.
- The Riksbank mentioned a possibility of cutting the interest rate further this year.
- Inflation has exceeded expectations and is slightly above the bank's target.
- The next interest rate decision will be announced on September 23rd.
Insights by Ground AI
Does this summary seem wrong?
11 Articles
11 Articles
Sweden's central bank leaves interest rate unchanged
Sweden's central bank has left the underlying interest rate unchanged at 2 percent, citing unexpectedly high inflation figures in June and July, but it said it still sees "a certain likelihood" of a further rate reduction before the end of the year.
·Sweden
Read Full ArticleSwedish central bank keeps key rate on hold, could still cut this year
Sweden's central bank held its key interest rate at 2.00% as expected on Wednesday and said it still sees some probability of a further rate cut this year as it tries to balance above-target inflation with an economy running in low gear.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources11
Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
Factuality
To view factuality data please Upgrade to Premium