Sweden lowers key rate to 1 percent

February 11 2009 17:12:07

Sweden lowers key rate to 1 percent

Bloomberg

The world’s oldest central bank lowered the seven-day repo rate to 1 percent yesterday. Governor Stefan Ingves is cutting borrowing costs as he struggles to contain the fallout from the deepening recession.

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WORLD

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ECONOMY

French farmers threaten 'chaos' over EU-Mercosur deal

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SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

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