From the market's point of view, the majority believed that they would be satisfied with a reduction of 0.25 percentage points.
However, the country's economic growth is still considered weak and the central bank is simultaneously signaling further interest rate cuts.
Today's interest rate decision is the second to last before Swedish Anna Breman takes over as central bank governor from December 1. Recently, it was announced that Breman is leaving the Swedish Central Bank and the role as first vice governor of the Swedish Central Bank for an appointment of five years in New Zealand.
Her predecessor as central bank governor Adrian Orr resigned suddenly earlier this year after a disagreement with the government about the institution's budget. The central bank's chairman Neil Quigley also resigned last month.
