Sweden's central bank holds interest rate steady

Sweden's central bank held steady its key interest rate at 2 per cent on Tuesday 15 March, with continued expectations of a global economic recovery and steady economic activity inside Sweden.

Inflation, measured in terms of UND1X, is expected to be in line with the Riksbank's target a couple of years from now. However, it is expected to remain low for a large part of the coming two-year period, partly due to increased competition pressing prices downwards in several markets. As economic growt