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The Independent UK
The Independent UK
National
Via AP news wire

Sweden raises key interest rate again to target inflation

Inflation Sweden
ASSOCIATED PRESS

Sweden’s central bank on Wednesday raised its key interest rate, saying inflation “is still far too high and underlying inflation has been much higher than expected.”

Riksbanken raised its policy rate by half a percentage point to 3.5% and added that it will ”probably” be raised further by a quarter-point in June or September.

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