Sweden's Riksbank axes interest rate, predicts further cuts this yearRiksbank lowers policy rate to 3.50% amid weak economy and stabilizing inflation, signaling potential further cuts this year.
Swedish Riksbank leaves key interest rate unchanged but opens for more cutsThe Riksbank is cautious about cutting interest rates despite lower inflation, but may consider more cuts later based on economic indicators.
Sweden's Riksbank axes interest rate, predicts further cuts this yearRiksbank lowers policy rate to 3.50% amid weak economy and stabilizing inflation, signaling potential further cuts this year.
Swedish Riksbank leaves key interest rate unchanged but opens for more cutsThe Riksbank is cautious about cutting interest rates despite lower inflation, but may consider more cuts later based on economic indicators.
Sweden in 'clear recession' as economy continues to tread waterSweden's economy is stagnant, with most metrics indicating a recession despite slight improvements in GDP and controlled inflation.
Foreign tourists drawn to Sweden by weak krona (and that's both good and bad)Foreign tourists with high purchasing power benefit the Swedish economy but might lead to higher prices for locals holidaying at home.