- The Swedish Riksbank decided on Tuesday to raise the interest rate to 1.75% in, the most important increase in about three decades and is expected to announce more additions this autumn, the bank said on Tuesday.
- As announced by the Central Bank, another hike is expected soon, and Swedish economists expect the key interest rate to reach 3.5% by next summer.
- The Riksbank will hold its next meeting in November and is expected to raise the policy rate further.
Swedish Central Bank boosts interest rate with the biggest rise in 30 years
