Riksbank’s Breman says coronavirus does not demand looser policy yet

Anna Breman
Riksbank

Anna Breman, a member of the executive board of Sveriges Riksbank, said the coronavirus still does not require a looser monetary policy in Sweden.

“In the current situation, it is not something that… we can make have a better development by having a more expansionary monetary policy,” Breman told reporters on the sidelines of a conference, according to news agency Reuters.

The Swedish central bank abandoned negative rates in December 2019, after almost five years. In January, lower electricity

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