First Central Bank Exits Negative Interest Rates
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Today’s rate hike by the central bank of Sweden ends an absurdity. ECB and other central banks with negative rates are getting ready to follow. The central bank of Sweden, the Riksbank, has thrown in the towel on negative interest rates, and has become the first central bank in history to … Read more