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Sweden's Riksbank cuts rates by 25 basis points

By Michele Maatouk

Date: Tuesday 20 Aug 2024

(Sharecast News) - Sweden's Riksbank cut its benchmark rate by 25 basis points on Tuesday to 3.5%, as widely expected.
The central bank said in a statement: "Over the year, inflation has deviated less and less from the target of 2%. At the same time, various indicators, such as producer prices...

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