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TALLINN (Feb 23): Sweden’s central bank must be ready to innovate if monetary policy needs to be more expansionary, and shouldn’t rule out new tools from helicopter money to deeply negative interest rates, Deputy Governor Anna Breman said. “Current monetary policy is not necessarily appropriate in a changing society,” Breman said in a webcast speech on Tuesday.
The key event today is Fed chair Jerome Powell's semi-annual testimony before the Senate Banking Committee. We do not expect Powell to say anything ne
Helicopter Cash Listed as Tool to Consider by Riksbank Official Bloomberg 2/23/2021 Ott Ummelas (Bloomberg) -- Sweden’s central bank must be ready to innovate if monetary policy needs to be more expansionary, and shouldn’t rule out new tools from helicopter money to deeply negative interest rates, Deputy Governor Anna Breman said. “Current monetary policy is not necessarily appropriate in a changing society,” Breman said in a webcast speech on Tuesday. “We need to be open to innovation and new thinking.” While the speech echoes comments from Governor Stefan Ingve...
Deputy governor thinks fiscal and monetary policy co-ordination will be increasingly important