Sweden's Riksbank Cuts Repo Rate 25bps to 1.75%

Sweden's Riksbank cut its benchmark repo rate by 25 basis points to 1.75% from 2.00%. The Bank said: "There is still considerable uncertainty regarding the public-finance problems in, above all, the euro area and several euro countries are expected to implement more stringent fiscal tightening than was previously assumed. Growth in the euro area is therefore expected to be low in the period...