The borrower’s nightmare – the key interest rate is raised further

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Today came the announcement from the Riksbank that many borrowers feared. The policy rate is increased by another 0.75 points and now lands at 2.5 percent. It is the highest policy rate in 14 years, which is a hard blow to many.

Food prices are also expected to continue to rise in 2023, and this looks set to become a reality to deal with in the future.

Hear some of those affected in the player above

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