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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| AT&T Inc | NYSE:T | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.11 | 0.65% | 17.00 | 17.10 | 16.78 | 16.83 | 39,146,862 | 00:40:42 |
From May 2019 to May 2024
STOCKHOLM--Sweden's central bank surprised analysts Wednesday, opting to hold it main interest rate steady rather than cutting it as it announced a range of measures to lift inflation closer to a 2% target.
The Riksbank left its main repurchase, or repo, rate at minus 0.25% which was unexpected. Analysts polled by The Wall Street Journal had forecast a cut to minus 0.4%.
However, the world's oldest central bank didn't stand pat.
It said it would increase its bond buying program by between 40 billion Swedish kronor ($4.74 billion) and 50 billion kronor.
The Riksbank also said that increases in the repo rate, not expected to begin until the second half of next year, would be slower than previously thought.
The Swedish kronor strengthened against the euro, which fell to 9.27 kronor from 9.36 kronor.
Write to Charles Duxbury at charles.duxbury@wsj.com
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