Swedish central bank raises key rate for first time since 2023, signals further hikes

HELSINKI, Nov. 4 (Xinhua) -- Sweden's central bank, the Riksbank, raised its policy rate by 25 basis points to 2 percent on Wednesday, its first increase since September…

Zhu Haochen

Original contributor via The Star

| November 4, 2026 | 1 min read | Updated Nov 5, 5:00 AM

Swedish central bank raises key rate for first time since 2023, signals further hikes — Image supplied with the source report: The Star.

HELSINKI, Nov. 4 (Xinhua) -- Sweden's central bank, the Riksbank, raised its policy rate by 25 basis points to 2 percent on Wednesday, its first increase since September…

HELSINKI, Nov. 4 (Xinhua) -- Sweden's central bank, the Riksbank, raised its policy rate by 25 basis points to 2 percent on Wednesday, its first increase since September 2023, citing rising inflationary pressures driven by supply disruptions linked to the Middle East conflict and a strengthening domestic economy.

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