off-the-wire

TABLE-Swedish c.bank raises rates and signals further tightening

Kitco Media
By Reuters
Published:
Updated:
Reuters
STOCKHOLM, April 26 (Reuters) - Sweden's central bank raised its key interest rate by 50 basis points to 3.50% on Wednesday and hiked the interest rate path. The following are the central bank's new forecasts. INFLATION, GDP AND UNEMPLOYMENT FORECASTS Annual percentage change for Sweden's gross domestic product (GDP) and consumer prices calculated with a fixed interest rate (CPIF). Annual average for unemployment. Assessments in the banks' previous Monetary Policy Report, published in February, are shown in brackets.


2023 2024 2025 CPIF 5.9 (5.5) 2.3 (1.9) 1.8 (1.9) GDP -0.7 (-1.1) 0.2 (0.9) 1.8 (1.9)
Unemployment 7.8 (8.0) 8.5 (8.4) 8.4 (8.4)


KEY RATE FORECASTS All figures are percentages and quarterly averages. Previous forecasts, in brackets, are from February.
Q2 2023 3.32 (3.21) Q2 2024 3.65 (3.33) Q2 2025 3.65 (3.33) Q2 2026 3.35
(Reporting by Johan Ahlander, editing by Anna Ringstrom)

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