The economic outlook abroad has deteriorated and the Swedish economy is slowing down. At the same time, inflationary pressures are low. The Executive Board of the Riksbank has therefore decided to cut the repo rate by 0.25 percentage points to 1.75 per cent and to lower the repo-rate path. Swedish economy slowing down 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 ahead. ... (full story)