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Sweden Central Bank Hikes Rate By 75 Bps

Por: RTTNews Business November 24, 2022

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Sweden central bank lifted its key interest rate by 75 basis points and signaled additional hike early next year to tame inflation. The Executive Board of Riksbank decided to raise the policy rate by 0.75 percentage points to 2.50 percent.The central bank started tightening its policy in April, when the policy rate was zero percent. As the Riksbank is raising the policy rate more now, the risk of high inflation for a long time is reduced, as is... + full article



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