Market Currents
The Riksbank raises its benchmark rate 25 basis points to 1.5%, and signals a speedier rate of...
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Tuesday, February 15, 2011, 9:13 AM ETThe Riksbank raises its benchmark rate 25 basis points to 1.5%, and signals a speedier rate of tightening in the future. The central bank is attempting to be preemptive with respect to still low reported inflation as well as keeping an eye on asset prices. The past year: EWD +35%. FXS +10%.
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