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The Riksbank hikes for the 7th consecutive meeting, bumping the Swedish benchmark rate 25 basis...
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Tuesday, July 5, 2011, 7:21 AM ETThe Riksbank hikes for the 7th consecutive meeting, bumping the Swedish benchmark rate 25 basis points to 2%. At the same time, the bank lowers its forecasts for growth and inflation, suggesting a pause could be in the works. EWD +2.9%, FXS +6.6% YTD.
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