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flag Sweden's Riksbank cuts interest rate to 2.50%, hints at one more possible reduction in 2025.

flag Sweden's central bank, Riksbank, lowered its policy rate to 2.50%, marking its fifth reduction this year. flag The bank signaled a possible final cut in early 2025 if economic conditions remain unchanged. flag Despite some signs of recovery, economic activity is still weak, with inflation projected at 2.0% and GDP growth at 1.8% for next year. flag The bank anticipates further easing if the economic outlook stays the same.

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