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Riksbank Expects Another Rate Increase in the Coming Year

Minutes say the Riksbank raised its key rate by a quarter percentage point to 2.0% and expects another increase in the coming year.

SquawkNews Desk

Sweden's central bank expects to raise its key rate again in the coming year, it said on Tuesday in the minutes of its latest policy meeting, in which it raised the rate by a quarter percentage point to 2.0%.

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