Sweden’s central bank lowered its key interest rate to 2.00% on Wednesday, citing mild inflation and weaker-than-expected economic growth.
"The economic recovery that began last year has lost momentum, and inflation is expected to be somewhat lower than in the previous forecast," the central bank said in its statement, signaling room for further policy easing.
This is the second rate cut of the year, following February’s reduction, which the bank initially signaled might conclude its easing cycle. However, softer inflation data and growing concerns over global economic uncertainty—exacerbated by U.S. President Donald Trump's inconsistent tariff policies—have weighed heavily on consumer and business sentiment.
The Riksbank added that its current policy rate forecast “entails some probability of another cut this year” if inflation stays muted.
In May, the bank left rates unchanged but hinted that additional stimulus could be warranted. Recent figures confirmed only mild price pressures, aligning with analyst expectations. A majority of economists polled by Reuters had predicted the latest rate cut.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 9 September, covering the latest developments you need to know...
A New Zealand fugitive father shot dead by police put his children at risk with his actions and had "no regard" for their safety, authorities said on ...
The Global Sumud Flotilla (GSF) for Gaza said on Tuesday that one of its main boats was struck by a drone at a port in Tunisia, though all six passeng...
Thailand's Supreme Court on Tuesday ruled former prime minister Thaksin Shinawatra must serve one year in jail because his detention in a VIP wing of ...
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 9 September, covering the latest developments you need to know.
A New Zealand fugitive father shot dead by police put his children at risk with his actions and had "no regard" for their safety, authorities said on Tuesday, as police found quad bikes and ammunition at their campsite hideout.
The Global Sumud Flotilla (GSF) for Gaza said on Tuesday that one of its main boats was struck by a drone at a port in Tunisia, though all six passengers and crew were safe.
Thailand's Supreme Court on Tuesday ruled former prime minister Thaksin Shinawatra must serve one year in jail because his detention in a VIP wing of a hospital in lieu of prison was unlawful, in another major blow for a powerful family that has dominated politics for two decades.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
The U.S. will lower tariffs on Japanese cars and auto parts by 16 September under a trade deal formalised by President Donald Trump, Japan’s chief negotiator said Tuesday.
U.S.-based satellite communications provider EchoStar has agreed to sell spectrum licences worth approximately $17 billion to SpaceX.
Chinese President Xi Jinping has described economic globalisation as an “irresistible trend of history,” emphasising the importance of multilateralism amid tariffs imposed by U.S. President Donald Trump.
European stock markets closed Monday with gains as investors focused on a confidence vote in the French parliament.
Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
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