Sweden raises rates but not for much longer

Sweden’s central bank (Riksbank) raised interest rates to 4.75% on the 4 September 2008 but sent out a strong signal that nearly three years of rising rates had come to an end as the country’s economy slows and inflation peaks.

Sweden: Riksbank: Press Release, 4.9.08: Repo rate raised to 4.75 per cent http://www.riksbank.com/templates/Page.aspx?id=28892

Website: Sweden: Riksbank http://www.riksbank.com/

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