Repo rate left unchanged in Sweden

Despite data pointing to strong economic growth and inflation near its 2% target, Sweden's central bank has left its key repo rate unchanged at -0.25% following the latest meeting of its Executive Board. This decision has also come with a warning that despite the benign conditions, the bank has had to step back from its forecast of rising rates set out in February, because of concerns that inflation will weaken both in Sweden and internationally through 2019. Swedish economic growth was "unexpectedly rapid" in the last quarter of 2018, the bank aknowledges, including a high rate of em...