The Swedish central bank kept its policy rate unchanged, with a possibility of cutting interest rates in May or June
The Riksbank kept its policy interest rate unchanged, in line with economists' expectations, King Ten reported. The policy rate was held at 4%, in line with the expectations of all 17 economists surveyed. The bank said in a statement that a rate cut is possible in May or June. The bank also said that inflation is stabilizing, but inflationary pressures remain somewhat high.
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