Page 12 - Anna Breman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pandemic surge in European house prices raises fears of new bubble Reuters 5 days ago © Reuters/MICHELE TANTUSSI Former Berlin Tegel airport to be turned into housing area By Simon Johnson and Michael Nienaber BERLIN/STOCKHOLM (Reuters) - If Sweden's government gets its way, Bromma airport on the western edge of Stockholm will shut down and be used to build around 30,000 new homes, helping to ease a housing shortage that has sent prices in the capital soaring. Sweden is not alone in seeking innovative ways to boost the supply of housing and, ultimately, reduce a build-up of mortgage de...

Sweden’s central bank predicts a CBDC in five years Business The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have a central bank digital currency (CBDC). This is the first time the regulator has given a tentative timeline as it seeks to introduce a CBDC into one of the world’s most advanced digital payment systems. Stefan Ingves revealed the timeline to local outlets recently, stating that five years is a reasonable target. As Bloomberg reports, Ingves believes that this speed for the e-krona studies and experimentat...

Sweden’s Central Bank May Have a Digital Currency in 5 Years Bloomberg 5 hrs ago Niclas Rolander and Rafaela Lindeberg (Bloomberg) -- Riksbank Governor Stefan Ingves said Sweden could have a digital central-bank currency within five years, as the concept of money looks set to enter a new post-cash era. The estimate marks the first time Ingves has offered a clear timeline. The Riksbank remains at the forefront among major western central banks in exploring how to respond to an increasingly cashless world, as notes and coins head for virtual extinction in Sweden. © Bloombe...

Swedish Real Estate Hotter Then Ever as ‘Hysteria’ Hits Bloomberg 3/5/2021 Charles Daly, Ott Ummelas and Love Liman (Bloomberg) -- Swedish house prices soared to the highest level ever recorded, as a growing number of people make use of unprecedented central bank stimulus to upgrade into bigger homes. “From a credit perspective, one can only conclude that the market has been gripped by hysteria, which is connected to central banks pumping money into the system,” said Carl Johan Lagercrantz, a portfolio manager at Strand Kapitalforvaltning AB in Stockholm. Houses cost...

By Reuters Staff 1 Min Read STOCKHOLM, Feb 23 (Reuters) - Sweden’s central bank could cut the benchmark rate or expand its asset purchase programme if it needs to make policy looser to ease the economy through the pandemic, Deputy Governor Anna Breman said on Tuesday. “If more monetary policy stimulus were to be required in the short term, the tools Anna Breman sees closest to hand are a negative repo rate and increased quantitative easing,” the Riksbank said in a summary of her speech. (Reporting by Simon Johnson; editing by Niklas Pollard)