STOCKHOLM, Sept 2 (Reuters) - Sweden's central bank raised its key interest rate by a quarter point to 0.75 percent as expected on Thursday, lifting borrowing costs further off the record-low hit during the global financial crisis.
A Reuters survey of economists showed 14 out of 15 expected a second successive 25 basis point hike while one analyst forecast the Riksbank would keep rates on hold until its October meeting. [ID:nLDE67Q0SV]
"The repo rate needs to be raised gradually towards more normal levels to attain the inflation target of 2 percent and create the right conditions for stable growth in the real economy," the Riksbank said in a statement.
For stories on Swedish interest rate decisions, click on [SERATE=ECI] (Editing by Mike Peacock)