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2026-11-04 16:42:25
[Sweden's Central Bank Raises Rates by 25 Basis Points to 2.0%, Hinting at Further Tightening] ⑴ The Swedish central bank raised its policy rate by 25 basis points to 2.0% at its November meeting, in line with market expectations, as borrowing costs rose to their highest level in over a year. ⑵ This is the central bank's first rate hike since September 2023, with policymakers citing stronger economic activity and rising costs due to supply disruptions as a potential driver of inflation. ⑶ The Swedish central bank also stated that it may further tighten policy over the next year if the inflation and economic outlook develops as expected, and reiterated its September policy rate forecast.
