Sweden's Central Bank Maintains Interest Rate, Hints at Potential Cuts

Sweden's central bank upheld its key interest rate at 3.75% as anticipated and indicated that if inflation trends remain steady, there might be two or three rate cuts in the latter half of the year.

Sweden's central bank held its key interest rate at 3.75% as expected on Thursday and said if inflation prospects remain the same, the policy rate can be cut two or three times during the second half of the year.