Norway, Sweden and Switzerland cut, while Moldova holds
Swiss and Nordic banks ease policy by 25bp
Four central banks in continental Europe have announced rates decisions.
Sveriges Riksbank cut rates by 25 basis points yesterday (June 18). Norges Bank and the Swiss National Bank (SNB) eased by the same amount today, while Moldova held rates.
Sweden: economy “loses momentum”Sweden’s central bankcut rates by 25 basis points yesterday (June 18).
Along with its decision to cut rates by 25bp, the Riksbank wrote that the country’s economic recovery had “lost momentum”, against a wider backdrop of
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