Riksbank Rejects Calls for QE After Resorting to Zero Rate

Sweden’s central bank rejected calls for unconventional policy measures after venturing into uncharted territory and cutting its main interest rate to zero. “We think that will be enough,” Governor Stefan Ingves said today at a press conference in Stockholm. “But if the world turns out completely…

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Riksbank Rejects Calls for QE After Resorting to Zero Rate