Sweden's central bank cut its benchmark interest rate by 25 basis points in order to support economic recovery and signaled an end to the easing cycle.
The executive board of the Riksbank decided to lower the policy rate by 25 basis points to 1.75 percent.
The bank has reduced the rate by 200 basis points since it started policy easing in May 2024.
"If the outlook for inflation and economic activity holds, the policy rate is expected to remain at this level for some time to come," the bank said in a statement.
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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.