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Riksbank Holds Rate Steady But Sees Two or Three Cuts Later This Year

·1 min

Sweden’s central bank has announced that it will maintain its key policy rate at 3.75% for now. The bank has also stated that it may reduce the policy rate two or three times in the second half of the year, as long as the inflation outlook remains stable. This decision aligns with the expectations of economists polled by The Wall Street Journal.