“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 […]
Repo rate raised to zero per cent (Sveriges Riksbank – Swedish Central Bank)
Nordea Culls Securities From Markets Unit Amid Negative Rates (Bloomberg)
“As long-term negative interest rates reshape life in the Nordic region, its biggest bank is trying to reinvent one of its most important business areas.” – by Frances Schwartzkopff and Rafaela Lindeberg
Killing me softly (Breaking Views)
Cevian and Nordea could signal a truce in the usually awkward relationship between banks and activists.