Sweden Repo rate cut 0.25% to 1.0%

The weak developments in the euro area are clearly affecting the Swedish economy, which is now slowing down. Household consumption is weak, unemployment is rising and inflationary pressures are low. The Executive Board of the Riksbank has decided to cut the repo rate by 0.25 percentage points to 1.0…

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Sweden Repo rate cut 0.25% to 1.0%