Riksbank minutes highlight effort to protect rising inflation

The Swedish central bank, Sveriges Riksbank
Photo: Sveriges Riksbank

Sveriges Riksbank extended its quantitative easing (QE) programme in April to "safeguard" rising inflation, protecting it from the threat of a stronger currency.

Minutes from the Swedish central bank's April 20 executive board meeting, released today (May 4), show widespread concern about the resilience of recent increases. Annual consumer price index inflation rose to 0.8% in March.

The Riksbank was due to end its asset purchases in June, but will now buy an additional Skr45 billion ($5.6

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