KONTAN.CO.ID - STOCKHOLM. Sweden's central bank raised its policy rate by a quarter percentage point to 3.75% as expected on Thursday and said it had decided to increase the pace of government bond sales. Analysts in a Reuters poll ahead of the decision were unanimous in forecasting a quarter-point hike. "The forecast is for the policy rate to be increased at least one more time this year," the Riksbank said in a statement.
Swedish Central Bank Raises Key Interest Rate, Sees More Tightening
KONTAN.CO.ID - STOCKHOLM. Sweden's central bank raised its policy rate by a quarter percentage point to 3.75% as expected on Thursday and said it had decided to increase the pace of government bond sales. Analysts in a Reuters poll ahead of the decision were unanimous in forecasting a quarter-point hike. "The forecast is for the policy rate to be increased at least one more time this year," the Riksbank said in a statement.