The Riksbank hikes for the 7th consecutive meeting, bumping the Swedish benchmark rate 25 basis...

|By:, SA News Editor

The 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.