Sweden Expands QE By 66%
Wed, 07/01/2020 - 09:02
With central banks having officially taken over capital markets, they are finding it impossible to not only walk away but to even slow down the rate of intervention.
This morning, Sweden's Riksbank announced it would increase the size of its asset purchase program, i.e., QE, from SEK300bn to SEK500bn, and extended the end-point of the purchases to 30 June 2021. The Executive Board also decided to cut interest...
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