Sweden's central bank has cut its key interest rate to a record low -0.1 percent and launched a program of government bond purchases worth 10 billion kronor ($1.2 billion) to stimulate the economy.
The Riksbank on Thursday lowered the key interest from 0 percent, in the first change since October, saying there is a risk that inflation, which it believes has reached its lowest point, will not rise fast enough.
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The bank warned that although it expects the global economic recovery to continue in the years ahead, it will be at a "slow rate." It added that growth in Sweden will benefit from low oil prices, a weaker krona and low interest rates.
The Riksbank joins a growing number of central banks who are lowering rates to bring inflation higher.