Sweden goes for QE4

29 October 2015

 

The ring-a-rosy game of quantitative easing has struck again with the Riksbank of Sweden announcing it will purchase an additional 65bn krona ($10.7bn) of bonds each month – the fourth expansion of the QE programme that it started in February 2015. The bank decided to maintain its benchmark repo rate at -0.35%. In a statement the Riksbank said, “There is still considerable uncertainty regarding the strength of the global economy...

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