Advertisement

interest rate

Spring boost for Swedish economy revealed
Money

Spring boost for Swedish economy revealed

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.
Sweden keeps repo rate at 1 percent
Economy

Sweden keeps repo rate at 1 percent

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.