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2025-12-18 17:01:48
[Swedish Krone Holds Steady Against Euro, Central Bank Keeps Rates Unchanged] ⑴ The Swedish krona held steady against the euro after the Swedish central bank, as expected, kept its policy rate unchanged at 1.75%, stating that rates are expected to remain at current levels for some time. ⑵ The central bank said inflation developments were in line with its forecasts, while economic activity was stronger. ⑶ The central bank noted that the labor market remained weak, but there were signs of improvement. ⑷ The Swedish central bank's policy rate forecast indicates it will remain unchanged until the third quarter of 2026, with a slight possibility of a rate hike in the fourth quarter of that year. ⑸ The euro fell 0.1% against the Swedish krona to 10.9060, essentially unchanged from pre-decision levels.
