October 28, 2014


Sweden's key interest rate drops to zero (The Local, 28 Oct 2014)

Sweden's Riksbank has announced that it is dropping its benchmark interest rate from 0.25 percent to zero, a record low for the country.

The Riksbank said on Tuesday that while the Swedish economy is "relatively strong" and economic activity is continuing to improve, inflation is currently too low. 

Posted by at October 28, 2014 12:56 PM

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