Bankers watch as Sweden goes negative

Author (Person) ,
Series Title
Series Details 28.8.09
Publication Date 28/08/2009
Content Type

Major feature. In July 2008 the Swedish Riksbank entered uncharted territory when it became the world’s first central bank to introduce negative interest rates on bank deposits.

As they contemplate their exit strategies after the extraordinary measures of the past two years, central bankers will be monitoring the Swedish experiment closely.

Article discusses the situation in Sweden, the United Kingdom and the US.

Related Links
Website: Sweden: Riksbank http://www.riksbank.com/
Sweden: Riksbank: Financial turbulence - the Riksbank's response http://www.riksbank.com/templates/Page.aspx?id=29144

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