sweden rates

sweden

Swedish central bank: “The sins of the father”

SAO PAULO | By Marcus Nunes via HistorinhasAnd now Sweden joins the “below zero” club and will also join the QE club. According to Riksbank Governor Ingves“We are prepared to make monetary policy more expansionary,” Governor Stefan Ingves said at a press conference. The bank doesn’t see a lower limit on rates and can buy as much in government bonds as is “appropriate,” he said. It´s never too late, but it is worth remembering all the arguments put forth by Lars Svensson before he quit the Board in disgust.