Riksbank board uncertain about negative rate limits
Swedish central bank releases minutes from pivotal February meeting
Minutes from Sveriges Riksbank's latest monetary policy meeting show there was full support for the decision to cut the repo rate by 10 basis points to –0.10% this month, but reveal uncertainty on the executive board about how low the rate can go.
According to the minutes from the meeting on February 11 – where the board also decided to launch quantitative easing (QE) – deputy governor Henry Ohlsson does not believe the repo rate can go "very much below" its existing level of –0.10%.
Ohlsson was
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com