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Riksbank Says Rate Cut Possibility In H1 Cannot Be Ruled Out

Por: RTTNews Business February 01, 2024

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Sweden's central bank on Thursday left its key interest rate unchanged for a second straight session, as expected, and suggested that a rate cut would be possible in the first half of the year. The Executive Board of the Sveriges Riksbank, led by Governor Erik Thedeen, left the key policy rate steady at 4.00 percent. The Riksbank said the contractionary monetary policy is still necessary to stabilize inflation close to the target.The... + full article



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