Sweden's central bank left its key interest rate unchanged at zero and maintained asset purchases and liquidity provisions, and reiterated that the rate will remain at the current level in the coming years in the backdrop of the high uncertainty surrounding the economic outlook due to the coronavirus pandemic. The repo rate has been at zero since January when it was hiked by 25 basis points. The bank left the rate steady for a fifth straight session. The latest projections from the bank showed the repo rate remaining at zero through the third quarter of 2023. "The Executive Board assesses that the combination of measures taken by the Riksbank during the spring and summer is the most effective way of achieving this," the central bank said in a statement.
"The Riksbank will therefore continue to make asset purchases and offer liquidity within all of the programmes launched so far this year."
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.