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Swedish Central Bank: The policy interest rate forecast includes the possibility of another rate cut this year.
Gate News bot news, the Swedish Central Bank stated that the forecast for the policy interest rate includes the possibility of another rate drop this year. Lowering the interest rate will stabilize inflation to the target level and help strengthen economic activity. The recovery progress has been slower than expected. A significant amount of uncertainty is also expected in the short term to hinder economic recovery. Overall, the outlook for inflation and economic activity suggests that monetary policy is likely to be moderately accommodative.
Source: Jinshi