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2 percent

Key interest rate remains unchanged

Published torsdag 27 oktober 2011 kl 10.08
"This is what the economy needs"
(5:04 min)

Sweden's central bank announced Thursday they will leave the nation's key interest rate, or the repo rate, unchanged at two percent for now, and will wait until sometime next year to increase it again.

A statement on the bank's website explains that economic crisis in Europe has led to uncertainty about the future and that while inflationary pressure is low, Sweden's growth is expected to weaken slightly.

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