Riksbank’s rate-setters disagree on future rate moves – minutes

Some executive board members stress trade tensions, while others point to local economic strength

riksbank
Photo: Sveriges Riksbank

Executive board members of Sveriges Riksbank hold different outlooks about future rate decisions, minutes of the last monetary policy decision on July 2 show.

After that meeting, the Swedish central bank kept interest rates unchanged at –0.25%. In April, the central bank abandoned the tightening path it had started in December 2018, when it hiked rates for the first time since 2011. A majority of the six board members decided to postpone new rate increases and prolong government bond purchases

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