Reuters is running an interview with a deputy governor of Sweden’s central bank, the Riksbank. Deputy Svensson says that he sees the need to cut the repo rate to zero and voted that way at the last meeting. He sees the risks of too little economic stimulus rather than too much.
It is interesting to hear a central banker discussing easing further theses days, as most of the discussion is focused on eventual exit strategies elsewhere.
EUR/SEK trades at 10.2515, slightly higher in the wake of the comments.