The Riksbank leaves its benchmark rate unchanged at 2%, and lowers expectations for future rate...

|By:, SA News Editor

The Riksbank leaves its benchmark rate unchanged at 2%, and lowers expectations for future rate hikes as both domestic and global growth prospects deteriorate. In fact, some analysts are calling for the next move in Sweden to be a rate cut. Swedish shares ETF: EWD +1.7%, Krona ETF: FXS +1.3%.