Sweden's central bank says its ‘policy rate increases are having an effect, but for inflation to return to the target of 2% within a reasonable period of time, monetary policy needs to be tightened further’. – EPA pic, June 29, 2023.
SWEDEN’S central bank today raised its key interest rate to its highest level in nearly 15 years and warned another hike was likely to combat stubbornly high inflation.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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