Sweden reached its inflation target for the first time in more than six years in July, which could spell a return to normalized monetary policy after years of negative interest rates.
Sweden's record-low interest rate of -0.50 percent has been extended until mid 2018, and will not change early next year as previously intended, the country's central bank has announced.
Sweden’s record-low interest rate of -0.50 percent will remain in place and it is more likely that it will be cut than raised in the short term, the country's central bank has announced.
Sweden's central bank has announced that the country's record-low interest rate of -0.50 percent will remain in place longer than previously planned, with the rate now not due to be changed until 2018.
Sweden's central bank has announced that the country's record-low interest rate will remain unchanged at -0.50 percent, citing continued global uncertainty partly sparked by the Brexit vote.
Sweden's central bank said on Tuesday it would not rule out cutting its key interest rate further while predicting the country's record intake of asylum seekers was set to give the economy a boost.
Sweden's economy grew by 0.4 percent in the first quarter of 2015, and was up 2.5 percent on the same period a year ago, according to figures released on Friday. But Swedes still appear to be holding back from swiping their cards at the nation's tills.
UPDATED: Sweden's central bank (the Riksbank) has slashed its key interest rate, the repo, to new record negative levels just over a month after it announced a similar move.
More Swedes are opting to lock down the interest rates on their mortgages, after several years where flexible loan rates have come to dominate the housing market.
Sweden's central bank said on Thursday it's leaving the benchmark interest rate, the repo rate, unchanged at one percent, but did adjust its interest rate forecast downward.
Citing a weak growth in the Swedish economy and low inflationary pressures, Sweden's central bank announced on Wednesday that the current repo rate of one percent will remain unchanged.
Sweden's slowing economy and dampened concerns about inflation prompted the Riksbank to cut the country's benchmark interest rate by 0.25 percent to 1.25 percent on Thursday.
Calls are mounting in Sweden for a review of the country's interbank lending system following revelations about alleged manipulation of the London interbank offered rate (Libor).
Sweden's central bank is holding the country's benchmark interest rate steady at 1.5 percent, the Riksbank announced on Wednesday, saying the Swedish economy was showing some "positive signs".
The Riksbank cut Sweden's benchmark interest rate by a quarter point to 1.5 percent on Thursday, as slower growth in the euro area took its toll on Sweden's economic prospects.
Sweden's central bank cut the country's benchmark interest rate by 0.25 percent on Tuesday, at the same time signaling the rate would remain low throughout 2012.
Sweden's Riksbank announced on Wednesday that they have decided to hold the country's main interest rate unchanged at 2 percent and to postpone future increases.
Sweden's central bank, the Riksbank, has hiked its interest rate by 0.25 percentage points to 1.5 percent and at the same time increased its forecast for future interest rates.
Sweden’s central bank, the Riksbank, once again hiked the country’s benchmark interest rate, the repo rate, by 0.25 percent on Wednesday, bringing the interest rate up to 1.25 percent.
Sweden's central bank, the Riksbank, has raised its key interest rate by 0.25 percentage points to 0.5 percent on Thursday, matching most analyst estimates.
Homeowners will have less spending power by the end of the year according to a new report from state-owned mortgage lender SBAB, which predicts the Riksbank will begin a sharp interest rate increase in the autumn.