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Sweden central bank makes biggest rate cut since 2014

By Inquirer - 2 weeks ago
Stockholm, Sweden — Sweden’s central bank made its biggest interest rate cut since 2014 on Thursday and signaled more reductions were forthcoming to kickstart the Nordic country’s economy. The Riksbank lowered its policy rate by 0.5 percentage points — twice the usual size of a cut — to 2.75 percent. It was the central bank’s

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