Riksbank expands QE and adds corporate debt to purchases
Swedish central bank cuts lending rates to banks, but keeps repo rate unchanged at 0%
Sveriges Riksbank’s executive board has expanded its asset purchases, among a series of other measures intended to boost both the real economy and inflation.
After its monetary policy meeting today (July 1), the Swedish central bank decided to increase the size of its asset purchase programme by Skr200 billion ($21.5 billion) to Skr500 billion, with purchases to continue until June 2021. Previously, the programme was scheduled to lapse in December 2020. Within the programme, the board also
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