Sweden holds while Iceland tightens
Both Nordic central banks cite lingering inflation risk, but reach different conclusions
Officials at Sveriges Riksbank adopted a wait-and-see approach, and kept rates unchanged today (August 20). This came a day after the Central Bank of Iceland raised rates in response to the risks of second-round inflationary effects stemming from the conflict in the Middle East.
Sweden sounds cautious optimismThe executive board of the Riksbank voted to keep the policy rate at 1.75%, thereby extending a hold that has been in place since September 2025.
According to the central bank’s data, annual
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