Swedish AM community hails Riksbank's commitment to zero, rather than negative rates
Riksbank Governor Stefan Ingves all but ruled out resorting to extreme negative interest rates should a major economic downturn hit, pointing instead to asset purchases as a better crisis-fighting tool.
By Niclas Rolander, Love Liman and Rafaela Lindeberg / BLOOMBERG
The man running the world’s oldest central bank has overseen an historic shift in policy since December, when he and his board ended half a decade of negative interest rates. Now, the world is keen to learn how the Riksbank will handle the transition, and whether it can really stick to the new regime.
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