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Analysts say more jobs means less chance of Central Bank interest rate cut

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Steady unemployment figures mean mortgage holders should not expect an interest rate cut by the Swedish Central Bank, say economists contacted by news agency TT.

The latest figures show no change in the unemployment statistics compared with the same period last year, with 7.2 percent of the workforce out of work. However, the number of employed people continues to rise. At 4.905 million it is up 66,000 compared to July 2012.


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