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Showing 1 - 10 of 11 results for "Riksbank"

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... announced purchase facility for Bankers Acceptance notes. RBA injected an outsized $8.8 billion into the financial system. Riksbank to lend US$51 billion to banks to maintain supply of credit to Swedish companies and Norges Bank cut its key rate by 50 ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... Technology (MIT) and currently the deputy chief investment officer at Jamieson Coote Bonds - wherein she muses that: "The Riksbank will probably be the first central bank in Europe to exit a negative policy rate, which has fostered political and social ...

The growth-inflation divide

BENJAMIN ONG  |  FRIDAY, 28 APR 2017
... diminished" but "underlying inflation pressures continue to remain subdued and have yet to show a convincing upward trend". The Riksbank offered virtually the same assessment with regards to Sweden's growth (strengthening) and inflation (subdued) outlook. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
... Draghi stressed that the ECB's policies work and are effective, "Just give them time to fully display their effects". Riksbank policy decision Sweden's central bank kept its policy rate unchanged at minus 0.5% at its 21 April meeting. No surprises there ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
... and also promised to take it further negative if it becomes necessary. Last night, "it has become necessary" for the Riksbank. The Swedish central bank cut interest rates by 15 bps down to minus 0.5% and stated that it would continue buying government ...

Santa Mario brings cheers

BENJAMIN ONG  |  FRIDAY, 23 OCT 2015
... negative - he has the central banks of the two "S's" of Europe - Switzerland and Sweden - as precedents. The SNB and the Riksbank have their key policy rates currently sitting at minus 0.75% and minus 0.35%, respectively. c) increase the QE programme ...

Stimulate or deflate

BENJAMIN ONG  |  MONDAY, 16 FEB 2015
... next worry?" instead of a "?" for now it is. And central banks are "printing and reflating". Last week it was Sweden's Riksbank turn. It cut interest rates to negative and announced a bond buying programme worth around 10 billion Swedish kronor (US$1.2 ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... week before. Denmark's Danmarks Nationalbank reduced its benchmark rate by 75 basis points to 4.25 per cent. Sweden's Riksbank switched into overdrive and lowered its key rate by 1.75 basis points to 2 per cent -- the biggest reduction in 16 years - ...

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
... its base rate to 4.5 per cent, the Bank of Canada to 2.5 per cent, the Swiss National Bank to 2.5 per cent and Sweden's Riksbank to 4.25 per cent. With its benchmark rate at a low 0.5 per cent, the Bank of Japan was unable to participate but announced ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... by the ECB, $15 billion by the Norges Bank, $30 billion by the Reserve Bank of Australia, $30 billion by the Sveriges Riksbank, and $60 billion by the Swiss National Bank. As a result of these actions, the total size of outstanding swap lines is $620 ...
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