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  • James Boston
    Forex » Sweden Heading For Deflationary Period
    James Boston - November 11, 2014, 10:11 GMT

    Price growth activity in Sweden remains in negative territory according to the latest inflation data just published for the month of October. The Consumer Price Index (CPI) for the month is showing a -0.1% fall in prices when measured year on year, this compares to the -0.4% fall experienced in September and a market expectation

  • James Boston

    The Swedish Central Bank, the Riksbank, has just announced that it has cut it’s benchmark interest rate to a record low of 0%. The 25 basis point cut to the Bank’s repo rate comes in an effort to stimulate inflation which has been running mostly negative for over a year now. There was a consensus