Riksbank extends QE as inflation remains ‘fitful’
Central bank not yet comfortable inflation will return reliably to target
Sveriges Riksbank pushed its monetary easing further today (April 21), as it announced a fresh extension to its programme of quantitative easing (QE).
The central bank now plans to buy an additional Skr45 billion of government bonds in the second half of 2016, which will bring total purchases to Skr245 billion, close to 20% of Sweden's total debt stock. The QE programme had been set to end in June.
The purchases will be broken into Skr30bn in nominal bonds and Skr15bn in inflation-linked bonds
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