Swedish Core Inflation on Target as Riksbank Plots Next Move.

Sweden's core inflation rate has reached the Riksbank's target of 2% for the first time since 2021. The central bank is now considering its next move to stimulate domestic demand. Economists are debating whether the Riksbank will make a half-point cut in borrowing costs or continue with quarter-point cuts. The decision will depend on the health of the economy, particularly household consumption. The Swedish economy has been stagnant for almost three years, putting pressure on the central bank to act quickly. [Extracted from the article]