Swedish CB keeps monetary policy unchanged

Source: Bloomberg
© Scanpix/FP
The Central Bank of Sweden announced no changes in the monetary policy after its meeting on Wednesday, pointing on economic recovery in the country, which may lead to increase in prices and decrease risks of deflation. The decision to keep the rate at 0.75% level was in line with economists' forecasts. As expected, the average interest rate will reach 0.73% and 1.95% in 2015 and 2016, respectively.

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