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

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

This entry was posted on Thursday, February 11th, 2016 at 11:17 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.