Sweden’s Riksbank raises key interest rate to 2%
Economy · First reported 4 Nov, 08:31 · Updated 08:49
Sweden’s central bank raised its key interest rate from 1.75% to 2% on Wednesday. The headline also says further hikes are expected.
- The Riksbank raised Sweden’s key interest rate from 1.75% to 2%.
- The increase took place on Wednesday.
- The headline says further rate hikes are expected.
Summary written by Lux AI from 2 articles
Key facts
- Institution
- Sweden’s central bank, the Riksbank
- Previous key rate
- 1.75%
- New key rate
- 2%
- Timing
- Wednesday
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