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MNI BRIEF: Riksbank Cuts 25bps; No Dissents Recorded

Riksbank Executive Board cut by 25 bps in January with any further cut uncertain
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MNI (STOCKHOLM) - The RIksbank cut its key interest rate by 25 basis points at its January meeting, taking it down to 2.25% and it gave no clear indication that it was anticipating any further cuts.

In December the Executive Board signalled a rate cut during the first half of this year and in its January statement it said that as the risk of inflation becoming too high was limited and economic activity was weak the first meeting of 2025 was the time to cut. (see RIKSBANK WATCH: 25BP Jan Cut Largely Priced In, Split LIkely )

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MNI (STOCKHOLM) - The RIksbank cut its key interest rate by 25 basis points at its January meeting, taking it down to 2.25% and it gave no clear indication that it was anticipating any further cuts.

In December the Executive Board signalled a rate cut during the first half of this year and in its January statement it said that as the risk of inflation becoming too high was limited and economic activity was weak the first meeting of 2025 was the time to cut. (see RIKSBANK WATCH: 25BP Jan Cut Largely Priced In, Split LIkely )

Keep reading...Show less