Swedish central bank cuts key interest rate to 0.75%

GMT 09:11 2013 Tuesday ,17 December

Arab Today, arab today Swedish central bank cuts key interest rate to 0.75%

Arab Today

The Swedish central bank, the Riksbank, cut its key interest rate by 0.25 percentage point to 0.75 percent on Tuesday in an effort to raise inflation towards 2.0 percent. "Economic activity is developing largely as the Riksbank had forecast earlier. However, inflation has been unexpectedly low and, despite the recovery, inflationary pressures over the coming year are expected to be much lower than in the most recent forecast in October," the bank said in a statement.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab