SaxoTV
Koefoed: Why Sweden's Central Bank has cut rates again
403 views
In a surprise move, Sweden's Central Bank, Riksbank, has cut its benchmark interest rate to -0.25%. At the same time it has increased its QE programme from 10 billion SEK to 30 billion SEK.
Saxo's Mads Koefoed explains that although Sweden has seen economic growth, inflation has been running below target for three years. He also looks at how the Swedish currency has been doing against the Euro.