Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The Central Bank of Sweden lowered the rate for the first time since 2016


May, 08 2024
watermark Economic news

The Riksbank, Sweden's central bank, cut its key interest rate by 25 basis points for the first time since 2016, to 3.75% per annum. This decision coincided with the forecasts of experts.


After the meeting, the Riksbank noted that inflation in Sweden is approaching the target level, and economic activity remains weak. The bank also stressed the possibility of an additional rate cut twice in the second half of 2024, if the current forecast for inflation is confirmed. 


At the same time, the regulator warned that inflation could increase again due to external factors, including geopolitical tensions. To date, inflation in Sweden slowed to 4.1% YoY in March from 4.5% a month earlier, reaching the lowest level since January 2022.


The Riksbank has become the second central bank in developed countries to begin easing monetary policy after a long tightening cycle. In March, the Swiss Central Bank also cut its key rate by 25 basis points to 1.5%.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.