On 20 August, Sweden’s Riksbank took a quarter point off its policy interest rate, reducing it to 3.5 percent. The bank could make as many as three more cuts still this year in an attempt to revive the country’s feeble economy, bank officials said.
Tag: Sweden
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SWEDEN’S CENTRAL BANK MAKES FIRST RATE CUT IN EIGHT YEARS
Sweden’s Riksbank shaved a quarter of a percentage point from its key interest rate last week, dropping the rate to 3.75 percent.
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SPOTLIGHT: GOING NUCLEAR—SWEDEN MULLS LIFTING RESTRICTIONS ON NUCLEAR POWER PLANTS
Sweden’s parliament will consider a law that would erase limits on the number of nuclear reactors the country will allow.
