Sweden holds rates steady at 2%

At its meeting on Wednesday 28 April the Executive Board of the Riksbank decided to leave the repo rate unchanged at 2 per cent. After a mild economic downturn the recovery in the Swedish economy has proceeded largely as expected, the Riksbank said.

This decision, which will apply from Wednesday, 5 May, is based on the picture of inflation prospects presented in the Riksbank's March Inflation Report and on an assessment of the economic data received since then.

Economic activity in the United

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