Riksbank cuts rates, teases end to QT in December
Swedish central bank says uptick in inflation is transitory
Sveriges Riksbank eased policy by 25 basis points today (September 23).
In its monetary policy report, the bank justified cutting its policy rate to 1.75% by noting that developments in the labour market, and the Swedish economy more broadly, had occurred more slowly than it had been anticipating.
Sweden’s central bank last cut rates in June, when it said that the economy had “lost momentum”. It followed with a rate hold in August, when it signalled a small uptick in inflation – something the bank
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