“With global financial markets awash in cheap credit, Italy is issuing zero-interest bonds and hoping that it can somehow avoid fiscal calamity.” – by Desmond Lachman
Central Banks
Repo rate raised to zero per cent (Sveriges Riksbank – Swedish Central Bank)
“Inflation has been close to the Riksbank’s target of 2 per cent since the start of 2017, and the Riksbank assesses that conditions are good for inflation to remain close to the target going forward. Therefore, in line with the assessment in October, the Executive Board has decided to raise the repo rate from –0.25 […]