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Swedish Riksbank Rate Decision 1.75% vs. Exp. 1.75% (Prev. 1.75%, Low. 1.75%, High. 1.75%)

The Riksbank has maintained its rate at 1.75%, aligning with expectations and indicating no immediate shifts in monetary policy.

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[PREVIEW] Norges Bank Policy Decision on Thursday, 7th May.

"Pakistani source to Al Arabiya says Iran may hand over its response to the US proposal to the Pakistani mediator today", Al Arabiya

Swedish Riksbank Rate Decision 1.75% vs. Exp. 1.75% (Prev. 1.75%, Low. 1.75%, High. 1.75%)

Pakistani Foreign Ministry says "We expect an urgent agreement between Iran and the United States", Al Araby reports

[MARKET UPDATE] Crude continues falling alongside the DXY, whilst equity and fixed income futures rise further following reports that US and Iran are said to be closer to reaching an understanding on the Strait of Hormuz

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Context

This decision reinforces the current stability of Sweden's interest rates amid ongoing domestic and international economic conditions, suggesting the central bank is focused on maintaining its course rather than tightening. Traders should monitor for future guidance on inflation trends and economic growth, which could signal any potential adjustments ahead.

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