Sweden's Central Bank May Raise Interest Rate to Keep Inflation in Check

(Bloomberg) -- Sweden's central bank probably will
raise its benchmark interest rate tomorrow for the eighth time as
rising employment and slowing productivity growth threaten to
stoke inflation, a survey of economists shows.

The Riksbank will raise the repurchase rate a quarter-point
to 3.5 percent, after keeping it unchanged for two consecutive
meetings, all 27 economists surveyed by Bloomberg said. The
decision will be announced at 9:30 a.m. in Stockholm.


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