Financial News: Sweden Central Bank Hikes Key Rate By 25

Sweden Central Bank Hikes Key Rate By 25 Bps

11/04/2026 - 05:11:00 (RTTNews)

(RTTNews) - Sweden's central bank raised its benchmark interest rate by a quarter-point, citing persistent inflation pressures and stronger economic activity and signaled further rate hikes in the coming year.

The Executive Board of Riksbank decided to raise the key policy rate to 2.00 percent from 1.75 percent.

Policymakers observed that stronger economic activity coupled with cost pressures from supply disruptions indicate that inflation will continue rising going forward.

"If the outlook for inflation and economic activity holds, it is likely that the policy rate will be raised further in the coming year, in line with the policy rate forecast in September," the bank said in a statement.

With this policy stance, the bank expects inflation to stabilize around the 2 percent target after a while.

In September, consumer price inflation rose to 1.1 percent, marking the highest since February 2025.

The bank said the upturn in economic activity gained momentum and it cannot be ruled out that the economy will grow faster than expected.

The bank said it evaluates the outlook for inflation and economic activity in the light of new information and adjusts monetary policy accordingly.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Sweden Services Growth Eases In October (04 min(s), 27 sec(s) ago)
(RTTNews) - Sweden's service sector activity continued to expand in October, though at a slowe ...Full Story»

Sweden Central Bank Hikes Key Rate By 25 Bps (05 min(s), 27 sec(s) ago)
(RTTNews) - Sweden's central bank raised its benchmark interest rate by a quarter-point, citin ...Full Story»

Czech Inflation Eases To 2.4% In October (01 hr(s), 0 min(s),27 sec(s) ago)
(RTTNews) - Czechia's consumer price inflation moderated slightly in October from a five-month ...Full Story»

Finland HICP Inflation Climbs To 3.4% In October (02 hr(s), 24 min(s), 27 sec(s) ago)
(RTTNews) - Finland's EU measure of inflation accelerated further in October, flash data from ...Full Story»

India Services Growth Strongest In 4 Months (03 hr(s), 18 min(s), 27 sec(s) ago)
(RTTNews) - India's services activity expanded at the fastest pace in four months amid strong ...Full Story»

Dutch Inflation Climbs To 18-month High (03 hr(s), 43 min(s), 27 sec(s) ago)
(RTTNews) - Dutch consumer price inflation accelerated further in October to the highest level in ...Full Story»

Australia Household Spending Rebounds In September (03 hr(s), 47 min(s), 27 sec(s) ago)
(RTTNews) - Australia's household spending rebounded in September, data from the Australian Bu ...Full Story»

China Services PMI Ebbs In October - Caixin (36 min(s), 33 sec(s) ago)
(RTTNews) - The services sector in China continued to expand in October, albeit at a slower pace, ...Full Story»