{
Riksbankens Seniorer

Companies

}

Sweden's Riksbank cuts interest rates by half point to boost economy

Sweden’s Riksbank has implemented a half-point interest rate cut, marking the first such reduction in a decade, bringing the benchmark rate down to 2.75%. This move aims to support a stagnant economy, with indications of potential further cuts in December and the first half of 2025. A majority of economists had anticipated this decision.
Bloomberg.com
Swedish Krona Riksbankens Seniorer SWE
Finance & Economy, News Article
09:36 07.11.2024

swedish core inflation rises above target ahead of central bank decision

Sweden's core inflation rate has risen to 2.1%, exceeding the Riksbank's 2% target, according to a preliminary estimate from Statistics Sweden. This increase comes just as the central bank is set to announce its next easing move, with the figure surpassing economists' median expectations.
bloomberg.com
Swedish Krona Riksbankens Seniorer Bloomberg SWE
Finance & Economy, Market Report
08:11 07.11.2024
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