Sweden's central bank (Riksbank) announced on the 4th its decision to raise the policy rate by 0.25 percentage points to 2.00%. The hike is the first in roughly three years since September 2023. The bank placed weight on the risk that supply chain disruptions and rising energy prices accompanying the worsening Middle East situation will push up prices. The new rate level takes effect on November 11, 2026. In its statement, the central bank said it recognizes that prolonged supply disruptions mean "there is a high risk that inflation will remain elevated.
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