Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade.

The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump's U.S. election win introduced a fresh element of uncertainty given the threat of higher tariffs.

Sweden's central bank lowered its key rate by a bumper 0.5 percentage point, becoming the first monetary authority to cut since Donald Trump clinched the presidency. “Econo