Sweden’s Riksbank Surprises With Repo Rate Cut – ValueWalk Premium
EURSEK after Riksbank cuts rates

Sweden’s Riksbank Surprises With Repo Rate Cut

Sweden’s central bank Riksbank unexpectedly cut its main interest rate from minus 0.1% to minus 0.25% on Wednesday and will buy government bonds for SEK 30 billion to try and boost inflation.

The repurchase rate had stood at minus 0.1% since February.

Riksbank trims repo rate
Riksbank trimmed interest rates and expanded its government-bond purchase plan outside of its . . .


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