Swedish National Bank announces unchanged key interest rate of 4.0% following interest rate meeting in Stockholm

Central bank cites declining inflation as main reason for this decision. Compared to the previous year, when inflation was still at around 12 percent, it has nearly halved to currently 6.5 percent. This shows that the country's economy has stabilized and the central bank's measures are showing effect.

However, the central bank does not rule out further interest rate increases in the future. At the same time, it also signaled a possible increase in the pace of bond sales. These were purchased in the past years as an additional easing of monetary policy in times of crisis.

The decision of the Reichsbank has surprised both experts and investors. The majority of experts had expected another interest rate hike, as the Swedish economy has experienced strong growth in recent months. The low unemployment rate and stable real estate market also indicate a robust economy.

The central bank's decision was seen by many as a strategic and forward-looking measure. By maintaining the benchmark interest rate, potential risks in global economic development can be cushioned. At the same time, the decision strengthens confidence in the Swedish currency and demonstrates that the central bank is capable of responding appropriately to various developments.

Despite the current inflation situation and the flexibility of the central bank, interest rates in Sweden remain high compared to other countries. However, the central bank emphasized that it will closely monitor the situation in financial markets and make further adjustments if necessary, in order to ensure an appropriate balance between stable prices and a strong economy.