25 Feb 2015
Riksbank minutes in the limelight in the scandi-space – Danske Bank
FXStreet (Edinburgh) - Senior Analyst at Danske Bank Sverre Holbek remarks the relevance of today’s minutes after the recent rate cut by the Riksbank.
Key Quotes
“The Riksbank minutes will be the key event in Sweden”.
“At the last meeting, the Riksbank took the unique decision to cut the repo rate to -0.1% and announced a purchase programme in government bonds of SEK10bn”.
“Furthermore, the statement released after the meeting made clear that going forward, additional measures in terms of rate cuts and bond purchases – if needed – can be announced at any time, not just after regular policy meetings. So, the minutes giving more information about the deliberations are of great interest”.
Key Quotes
“The Riksbank minutes will be the key event in Sweden”.
“At the last meeting, the Riksbank took the unique decision to cut the repo rate to -0.1% and announced a purchase programme in government bonds of SEK10bn”.
“Furthermore, the statement released after the meeting made clear that going forward, additional measures in terms of rate cuts and bond purchases – if needed – can be announced at any time, not just after regular policy meetings. So, the minutes giving more information about the deliberations are of great interest”.