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Sweden's Central Bank Keeps Key Interest Rate Unchanged
Sweden's central bank left its benchmark interest rate at 2.25 percent after its June meeting. Officials said they expect inflation to stay near target and indicated possible rate increases later this year if conditions warrant.
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Sweden's central bank kept its main policy rate unchanged at its June meeting, the sixth consecutive hold.
25 percent.
The bank said current inflation readings remain close to its 2 percent target. Officials noted that recent data showed stable price growth and moderate economic activity. They added that risks to inflation remain balanced in the near term.
The central bank stated it stands ready to raise rates this year if inflation pressures reappear. No immediate change to the current stance was signaled beyond the existing guidance. The decision follows similar holds at the previous five meetings this year. Further updates are scheduled for the bank's September meeting.
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