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.
Russian President Vladimir Putin arrived in Kazakhstan on Wednesday for a three-day state visit focused on energy, transport and economic cooperation ...
China’s carbon emissions grew far less than previously thought over the past five years, according to a new analysis that is drawing close attention...
As Britain's sanctions on three Georgia-registered companies made headlines on 26 May, the Georgian side of the story was already complicated. The Nat...
The U.N. human rights office said Israeli forces may be committing unlawful killings near the military armistice line in Gaza, after data showed that ...
Muslims around the world have marked Eid al-Adha with prayers, celebrations and acts of charity, though for many Palestinians the holiday unfolded ami...
Muslims around the world have marked Eid al-Adha with prayers, celebrations and acts of charity, though for many Palestinians the holiday unfolded amid conflict, restrictions and loss.
Israeli forces carried out more than 120 airstrikes across southern and eastern Lebanon on Tuesday (26 May), killing at least 31 people in one of the heaviest bombardments in recent weeks, according to Lebanese security and health officials.
Hamas has confirmed the death of its armed wing chief, Mohammad Odeh, who was killed in an Israeli strike in Gaza City, according to the Israeli military and Gaza health officials.
Spanish police visited the headquarters of the ruling Socialist Party (PSOE) in Madrid on Wednesday as part of a widening High Court investigation into alleged attempts to interfere with judicial proceedings involving party and government figures.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 26 May, covering the latest developments you need to know.
Iran has called Monday's U.S. strikes on it 'a gross violation' of their ceasefire. The U.S. military said it carried out defensive strikes in southern Iran after boats were seen laying mines in the Strait of Hormuz. Meanwhile, the U.S. says a peace deal may require several more days.
The new AnewZ documentary, TARGET: Yerevan, builds its explosive case on exclusive, secret recordings originally published by Minval Politika.
Dozens of people were killed in Israeli strikes on Lebanon on Tuesday, Lebanese officials said, straining a fragile ceasefire agreed between the countries in April. The attacks came as Iran accused the U.S. of violating a separate ceasefire with strikes near the Strait of Hormuz.
Four people, including two schoolchildren, have died after a train collided with a school minivan at a level crossing in the northern Belgian town of Buggenhout on Tuesday morning, authorities have confirmed.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
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