Riksbank Kicks Off Easing With First Swedish Rate Cut Since 2016

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The Riksbank cut its benchmark interest rate for the first time in eight years, acting before the neighboring euro zone in a bid to offer respite to Sweden’s recession-stricken economy.

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Riksbank Chief Calls for Cautious Easing to Avoid Demand Surge(Bloomberg) -- The Riksbank should move gradually and cautiously as it takes borrowing costs lower to avoid spurring demand that could lead to renewed price increases, Governor Erik Thedeen said.
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