Eurozone troubles prompt Swedish rate cut
- 11 years ago
Sweden's central bank has cut its main interest rate by 0.25 percent to offset the impact of the eurozone's troubles.
It is now at one percent - the lowest in more than two years and it's planned to keep it at that level for the next 12 months.
Sweden is one of Europe's more robust economies, but along with the rate cut the bank revised down its economic forecast for next year.
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http://www.euronews.net/
It is now at one percent - the lowest in more than two years and it's planned to keep it at that level for the next 12 months.
Sweden is one of Europe's more robust economies, but along with the rate cut the bank revised down its economic forecast for next year.
...
http://www.euronews.net/