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Stockholm

World news about “Stockholm” published by euronews.

03/07 14:17 CET

Sweden cuts borrowing costs more than expected, ECB rates unchanged

Sweden cuts borrowing costs more than expected, ECB rates unchanged

Sweden's central bank has slashed its key interest rate to a 0.25 percent from 0.75 percent, a larger cut than was expected. The reduction in the cost of borrowing shows the bank is concerned about inflation and it wants to push consumer prices back up. Inflation has been…


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