Sweden Slides Further Into NIRP, Cuts Rates To -0.50%

Thursday, February 11, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/11/2016

The currency wars continue unabated as does the developed world’s experiment with negative rates as the Riksbank moves further into NIRP, cutting the repo rate by 15 bps to -0.50%. “Uncertainty regarding global developments is still high, with low inflation and several central banks pursuing more expansionary monetary policy [and] Swedish monetary policy must relate to this,” the bank said.

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter