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Sweden's central bank raised its policy rate by half a percentage point to 3.50% in line with market forecasts on Wednesday and said it was nearly done with policy tightening.
Sweden's central bank raised its policy interest rate Wednesday by 50 basis points to 3.5% in a bid to tame "far too high" inflation, warning it would likely be followed by smaller hikes in June and September.
Inflation is still far too high and underlying inflation has been much higher than expected during the first months of the year. For inflation to fall and stabi
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