Tuesday, March 17, 2015

Borg: The Riksbank should cut rates at least once more – Dagens Industri


        Updated 2015-03-17 16:24. Published 2015-03-17 15:32
     

“If something goes error in this situation, run very close to the cliff edge with an inflation rate well below 2 percent. Riksbank should present a more expansionary monetary policy and a clear signal that it will be long before they will even consider moving the other way, “said Anders Borg told Reuters.

According to Anders Borg , who previously worked on, among other things, the Riksbank and now wicker chair of the investment company Kinnevik and adviser to the bank Citigroup, it is evident that inflationary pressures over-estimated. He thinks that the Riksbank should do more.

“I think they can continue to lower. Definitely one more time and when they made it, they should consider doing it again, “said Borg told Reuters

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