Swedens central bank makes new rate cut
In an effort to stimulate its slow-moving economy, Swedens central bank has again lowered interest rates and suggested the possibility of several more rate reductions this year. The Riksbank decreased its key interest rate by a quarter percentage point to 3.5 percent on Tuesday, which is the second time this year it has lowered borrowing costs.
Posted by Hicham ALAOUI RIZQ on 2024, Aug 21
Introduction
In an effort to stimulate its slow-moving economy, Swedens central bank has again lowered interest rates and suggested the possibility of several more rate reductions this year. The Riksbank decreased its key interest rate by a quarter percentage point to 3.5 percent on Tuesday, which is the second time this year it has lowered borrowing costs.
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