Riksbank unleashes further easing

Central bank extends asset purchase programme

Photo by David Lundberg
Riksbank governor Stefan Ingves

Sveriges Riksbank has further eased its already extraordinary monetary policy, committing today (October 28) to continue asset purchases well into 2016 and keep rates at ultra-low levels for even longer.

The central bank unveiled a package of easing measures that will see it purchase a further 65 billion kronor ($7.7 billion) in government bonds, taking the size of its asset purchase programme to 200 billion kronor and extending it until June 2016.

The Riksbank also said it will keep the repo

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