Swedish Riksbank holds rates steady, threatened hike in 2024 seen unlikely

Swedish Riksbank holds rates steady, threatened hike in 2024 seen unlikely

Upworthy

Published

Sweden's central bank kept its policy rate on hold at 4.00% on Thursday and said it was ready to hike again if inflation proved stubborn, though analysts now expect the hiking cycle to have peaked. The central bank has jacked up interest rates from zero in April 2022 in a series of hikes to fight…

#sweden #ukraine #riksbank #ratehikes #swedbank #swedish #households #andrewkenningham #capitaleconomics #europeancentralbank

Full Article