Riksbank lifts policy rate to 2.50% from 1.75% and raises rate path

Riksbank lifts policy rate to 2.50% from 1.75% and raises rate path

Upworthy

Published

STOCKHOLM–Sweden’s central bank on Thursday lifted its key policy rate to 2.50% from 1.75% and raised its rate path as it continues to fight stubbornly high inflation. A majority of economists polled by The Wall Street Journal before the decision had expected a 75 basis points hike to 2.50%. The…

#fightstubbornly #policy #keypolicy #stockholm #sweden #monetarypolicy #inflation #risk #policytightening #dominicchopping

Full Article