Riksbank cuts rates in face of slowdown

sveriges-riksbank

The Sveriges Riksbank today (December 18) cut its benchmark interest rate by 25 basis points to 1% in the face of a slowdown in economic activity and low inflationary pressure.

Since the last monetary policy meeting in October, when the executive board voted to leave rates unchanged, there had been a "clear slowdown" in the Swedish economy, the central bank said. The forecast for GDP growth in 2012 remained at 0.9%, but was revised down from 1.8% to 1.2% in 2013. The dip was largely caused by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: