BREAKING: EURSEK gains after Riksbank cuts interest rates 🎯

Swedish Riksbank Rate Actual 3.75% (Forecast 3.75%, Previous 4.00%)

The Riksbank reduced the policy rate by 0.25 percentage points to 3.75% as inflation nears the target amidst weak economic activity, allowing for a more lenient monetary policy. With inflation expectations stabilized and moderate wage increases supporting this outlook, further rate cuts are anticipated if conditions remain favorable, with two additional reductions expected in the latter half of the year. However, inflation's trajectory remains uncertain due to factors like the strong US economy, geopolitical tensions, and the krona's exchange rate, suggesting that future monetary policy adjustments should proceed cautiously.

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BREAKING: EURSEK gains after Riksbank cuts interest rates 🎯

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