Entering text into the input field will update the search result below

Sweden cuts rates deeper into negative territory

Feb. 11, 2016 4:44 AM ETEWD, FXSBy: Yoel Minkoff, SA News Editor11 Comments
  • Sweden's central bank has lowered its key interest rate even further below zero, saying it's prepared to use its full toolbox of measures as it battles to revive inflation and keep the krona from appreciating.
  • "Uncertainty regarding global developments is still high, with low inflation and several central banks pursuing more expansionary monetary policy," the Riksbank said.
  • The repo rate was reduced from -0.35% to -0.50%, while government bond purchases will continue as planned for the first six months of 2016.
  • ETFs: EWD, FXS

Recommended For You