Sweden's central bank left its key interest rate unchanged on Thursday and suggested that the rate is set to remain at the current level for some time to come. The executive board of the Riksbank decided to hold the policy rate at 1.75 percent. The decision matched economists' expectations.
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.
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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.