Mumbai, May 8 -- Sweden's central bank kept its key interest rate unchanged on Thursday and indicated slight easing of monetary policy going forward. The executive board of the Riksbank decided to hold the policy rate at 2.25 percent. Policymakers said the policy is currently well-balanced and it is wise to await further information to obtain a clearer picture of the outlook. The assessment of the Executive Board is that it is somewhat more probable that inflation will be lower than that it will be higher than in the March forecast," the bank said in a statement.
Published by HT Digital Content Services with permission from Capital Market....