Sweden, Riksbank rate confirmation

In line with market expectations, the Swedish central bank has kept to -0.5% the reference rate, announcing at the same time an increase in the program of 'quantitative easing purchases' in order to prevent an appreciation of the crown that would discharge the 'long-awaited goal of a resurgence of inflation.

The Stockholm interventions in the field of monetary policy are repeated in recent years, to react to a situation that is growing at such a pace as to risk overheating, while inflation remains well below the target set by the central bank at 2%.

"The Executive Board has decided to increase by 45 billion kronor (5.6 billion dollars) the amount of purchases of government bonds in the second half," says a note Riksbank, and also: "This should reduce the risk of a higher than expected exchange rate appreciation, which would jeopardize the possibility of a resurgence of inflation. "