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Following the Swedish central bank’s, Riksbank, monetary policy announcement,  its Governor Stefan Ingves said that rate cut is not on the agenda at the moment.

Additional Headlines:

There is no mechanical connection between what ECB and Fed do to what Riksbank does.

We don’t see a sharp downturn ahead of us.

Crown weakness has not played a significant part in policy decision.

The Riksbank left the benchmark Repo rate unchanged at -0.25% earlier today, as widely expected.