Riksbank’s Ingves: Room for further rate cuts quite limited but possible to return to minus rates

It is possible to return to negative interest rates, although the room for additional rates cuts its quite limited, Stefan Ingves, Governor of Sweden's central bank, Riksbank, said on Tuesday.

Further comments

“Recovery can become both protracted and volatile, and will be very much affected by the spread of infection going forward.”

“Shouldn't be in too much of a hurry to reverse COVID-19 measures.”

more to come ...