European central banks opt to hold
Albania, Czech Republic, Poland, Serbia and Sweden keep rates constant
The central banks of Albania, the Czech Republic, Poland, Serbia and Sweden all decided to take a wait-and-see posture at their meetings over May 6–7.
Sweden: ‘scope to wait’Sveriges Riksbank held rates at 1.75% on May 7.
The bank’s governor Erik Thedéen said the Middle East conflict had so far had only “moderate” effects on global value chains.
He said annual inflation in Sweden had been 2.4% in April, a 0.8 percentage point increase on the figure for March when measured on the consumer price
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