Riksbank extends tightening as krona weakness fuels prices

Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak currency that’s seeking to limit fallout on a vulnerable real estate sector.
Photo: Tt News Agency/Reuters/Ritzau Scanpix
Photo: Tt News Agency/Reuters/Ritzau Scanpix
By Niclas Rolander / Bloomberg

The executive board led by Governor Erik Thedeen lifted its policy rate by a quarter point to 3.75%, and said it expects to increase the rate “at least one more time” this year. 

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading