The Swedish central bank raised its key policy rate by a quarter point and hinted at further tightening as inflationary pressures remain too high amid unjustifiably weaker currency.
The Executive Board of Riksbank, led by Governor Erik Thedeen, decided to raise the policy rate by 0.25 percentage points to 4.00 percent.
The board remained hawkish at the meeting as policymakers assessed that inflationary pressures in the economy were still too high.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.