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Sweden Central Bank Keeps Rate, QE Unchanged

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Sweden's central bank maintained its key interest rate and the asset purchase programme, in order to facilitate the recovery and bring inflation back to the target.

The Executive Board of Riksbank decided to hold the repo rate at zero percent. The rate is projected to remain at this level in the years to come.

The board also kept the envelope of the asset purchase programme unchanged at SEK 700 billion.

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