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Sweden’s Riksbank cuts interest rates and signals further easing ahead

Sweden's Riksbank cuts interest rates and signals further easing ahead

Borrowing costs in Sweden are being lowered faster than previously predicted as inflation falls below target. ADVERTISEMENT Sweden’s central bank cut its key interest rate a quarter-point to 3.25% on Wednesday as inflation now sits below the official target. “Inflationary pressures have fallen over the year and are now assessed to be compatible with an inflation rate of around 2 …

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