Sweden’s Core Inflation Slowdown Supports Rate-Cut Case ...Middle East

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Sweden’s Core Inflation Slowdown Supports Rate-Cut Case
Sweden’s underlying inflation rate fell more than expected in February, hitting a two-year low and confirming a trend that could open the door for interest-rate cuts in the coming months.  HT Image A closely followed measure that strips out energy costs and the effect of interest-rate changes rose 3.5% from a year ago, according to data from Statistics Sweden published Thursday. That was less than the 3.6% expected by economists surveyed by Bloomberg as well as the 3.7% that the Riksbank projected in November. Hindustan Times – your fastest source for breaking news! Read now. The Swedish central bank has said it could begin lowering borrowing costs in the first half of this year,

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