Swedish central bank makes another large rate hike

In a move that was predicted by economists across the board, the Swedish central bank, Riksbanken, has increased interest rates to 2.5%.
Photo: Miriam Dalsgaard/ritzau Scanpix
Photo: Miriam Dalsgaard/ritzau Scanpix
by marketwire, translated by catherine brett

Sweden’s central bank, Riksbanken, has increased interest rates by 75 basis points to 2.5% as a reaction to high inflation.

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