Section

Sweden cuts key rate for first time in eight years

By Inquirer - 2 weeks ago
STOCKHOLM — Sweden’s central bank cut its key interest rate for the first time in eight years on Wednesday, citing easing inflation and hinting at two more reductions before year-end. The rate was reduced by a quarter-point to 3.75 percent after several years of high inflation, which has come down significantly in recent months. “Inflation

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.