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Riksbank warns of risk of war in the financial system

Turbulence and great uncertainty characterize the financial markets as a result of the war in the Middle East, according to the Swedish Central Bank's Stability Report. "The longer the war continues, the greater the risk that inflation and interest rates will increase while the economy deteriorates, which could negatively affect several financial markets and actors. There are also several global vulnerabilities that could reinforce each other and worsen such a negative development," the Swedish Central Bank says in a press release. [...]