Sweden's central bank has kept its key policy rate steady at 1.75 percent. The decision matches most financial analysts' expectations.
The Riksbank expects the interest rate to remain at this level for some time. Officials confirmed their existing forecast in a Wednesday statement.
According to the bank's latest projection, the rate will stay unchanged throughout next year. A small increase to 2.00 percent appears likely in 2027.
This marks a continued pause in the Riksbank's monetary tightening cycle. The bank appears cautious about disrupting Sweden's economic stability while inflation concerns persist.
What does this mean for Swedish households and businesses? Borrowing costs will remain stable for the foreseeable future, providing predictability for mortgage holders and companies planning investments.