Riksbank extends QE, despite dissent

Photo by David Lundberg
Sveriges Riksbank

Sveriges Riksbank's executive board voted to extend its programme of quantitative easing (QE) on December 21, although three members of the executive board challenged the decision.

The Swedish central bank will purchase an additional Skr30 billion ($3.3 billion) of government bonds, taking the purchase programme to a total of Skr275 billion by the middle of 2017. The board voted to hold the policy rate at –0.5%.

Justifying its decision, the central bank cites the need to guard against risks to

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