FOREX TradingCharts.com

Financial News: Riksbank Signal Another Rate Cut

Riksbank Signal Another Rate Cut

06/18/2025 - 16:30:00 (RTTNews)

(RTTNews) - Sweden's central bank lowered its policy rate on Wednesday, as expected, and signaled the probability of another reduction this year as inflation is expected to lower than earlier forecast and likely to stabilize around the target.

The Riksbank Executive Board, led by Governor Erik Thedéen, cut the policy rate by 0.25 percentage points to 2 percent. The bank kept the policy rate steady at 2.25 percent in March and May, following a quarter-point reduction in February.

"The forecast for the policy rate entails some probability of another cut this year," the bank said. "The lower interest rate will stabilize inflation at the target and contribute to strengthening economic activity."

The Riksbank observed that the economic recovery is proceeding more slowly than expected and the substantial uncertainty due to trade tariffs and geopolitical tensions, especially the ongoing Middle East conflict, is expected to hamper growth in the near term.

The bank said weaker demand is set to damp inflation going forward than in the most recent forecast.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Reaches Five-Month High In July (01 hr(s), 52 min(s), 26 sec(s) ago)
(RTTNews) - After reporting a substantial rebound by U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Rebound More Than Expected In June (02 hr(s), 51 min(s), 26 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

U.S. Housing Starts Surge 4.6% In June, More Than Expected (03 hr(s), 57 min(s), 26 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

Italy Current Account Surplus Grows In May (06 hr(s), 0 min(s),26 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in May from the previous year, the Bank ...Full Story»

Eurozone Construction Output Falls 1.7% (06 hr(s), 21 min(s), 26 sec(s) ago)
(RTTNews) - Eurozone construction output declined at the fastest pace in nearly two-and-a-half yea ...Full Story»

Eurozone Current Account Surplus Surges (06 hr(s), 35 min(s), 26 sec(s) ago)
(RTTNews) - The euro area current account surplus increased sharply in May largely due to the rise ...Full Story»

Italy Construction Output Falls 1.4% (08 hr(s), 17 min(s), 26 sec(s) ago)
(RTTNews) - Italy's construction output decreased in May after recovering in the previous mont ...Full Story»

Malaysia GDP Growth Improves In Q2 (08 hr(s), 58 min(s), 26 sec(s) ago)
(RTTNews) - Malaysia's economic growth improved in the second quarter driven by strong domesti ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Reaches Five-Month High In July

07/18/2025 - 10:42 AM (RTTNews)
(RTTNews) - After reporting a substantial rebound by U.S. consumer sentiment in the previous month ...Full Story>>

U.S. Housing Starts Rebound More Than Expected In June

07/18/2025 - 09:43 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story>>

U.S. Housing Starts Surge 4.6% In June, More Than Expected

07/18/2025 - 08:37 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story>>

Italy Current Account Surplus Grows In May

07/18/2025 - 06:34 AM (RTTNews)
(RTTNews) - Italy's current account surplus increased in May from the previous year, the Bank ...Full Story>>

Eurozone Construction Output Falls 1.7%

07/18/2025 - 06:13 AM (RTTNews)
(RTTNews) - Eurozone construction output declined at the fastest pace in nearly two-and-a-half yea ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.