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Economy

Sweden's Riksbank holds rates steady and signals rate hikes this year

Sweden's Riksbank held its benchmark rate unchanged at 1.75% on September 24. Policymakers signaled rate hikes this year, noting faster tightening is possible if inflation overshoots.

Why it mattersSweden keeps its EU-low benchmark rate for now while hinting at an upcoming hike.

Will Sweden’s central bank raise interest rates in November? Hike 1-25bps:Very likely80%▲ from 59% yesterday

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