Swedish Economy Contracts as Riksbank Prepares to Hike Rates
A 50 Swedish kronor note is handed over at a grocery store, near a card payment terminal, in this arranged photograph in Stockholm, Swede. (Photographer: Mikael Sjoberg/Bloomberg)

Swedish Economy Contracts as Riksbank Prepares to Hike Rates

(Bloomberg) -- Sweden’s economy contracted in the third quarter, missing estimates and casting doubts among some economists over the central bank’s plan to hike rates as soon as next month.
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