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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Terminal Finance: Project shuts down due to delays in the Converge chain, protocol codebase to be open-sourced later
Cathie Wood remains optimistic about bitcoin's $1.5 million price target
Trending news
MoreCrypto prices
More
