Riksbank keeps policy rate at 4%

Sveriges Riksbank HQ
Daniel Hinge

Sveriges Riksbank kept interest rates unchanged at 4% at its monetary policy meeting today (November 23).

The executive board unanimously supported the decision, even though inflation remains over the 2% target and most analysts expected a 25 basis points increase.

This has been interpreted as a dovish decision. Most observers think the Swedish central bank has reached the terminal rate and will not increase the policy rate again in the cycle.

“It is surprising that [Per] Jansson but also

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