Riksbank board uncertain about negative rate limits
Swedish central bank releases minutes from pivotal February meeting
Minutes from Sveriges Riksbank's latest monetary policy meeting show there was full support for the decision to cut the repo rate by 10 basis points to –0.10% this month, but reveal uncertainty on the executive board about how low the rate can go.
According to the minutes from the meeting on February 11 – where the board also decided to launch quantitative easing (QE) – deputy governor Henry Ohlsson does not believe the repo rate can go "very much below" its existing level of –0.10%.
Ohlsson was
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