Riksbank says it will increase rates in December or February

The Sveriges Riksbank
Sveriges Riksbank

The Sveriges Riksbank modified its forward guidance today (September 6), giving specific dates by which it will increase policy rates.

The executive board of the Swedish central bank says it intends to increase the key repo rate “either in December or February”. In its previous policy statement on July 3, the board had said “slow repo rate rises will be initiated towards the end of the year”.

Interest rates in Sweden remain unchanged since February 2016, when the Riksbank cut rates by 15 basis

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