Riksbank rate on hold until next autumn
The Riksbank is to keep its key policy rate, the repo rate, at its current record low of 0.25% until 2010, minutes of the central bank's October meeting reveal.
The minutes also show that Lars Svensson , a deputy governor of the central bank, advocated cutting the repo rate to 0%. He was also in favour of a repo rate path that meant that rate would be kept at this level until the end of the third quarter of 2010.
According to Svensson, such a repo rate path entails a better-balanced monetary
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