Sweden cuts rates to record low as European crunch deepens

On July 2, 2009, in Banks & Finance, Riksbank, eurozone, interest rates, sweden, unemployment, by Banks and Finance

Sweden’s Riksbank has cut interest rates a quarter point to 0.25pc and signalled emergency stimulus until late2010 fearing that the downturn will prove deeper than previously expected.

Sweden's Riksbank has cut interest rates a quarter point to 0.25pc and signalled emergency stimulus until late2010 fearing that the downturn will prove deeper than previously expected.
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