Friday, September 4, 2009

increment Bank rates were negative in Sweden!

Ank central Sweden announced to help increase prosperity and economic growth rates in the country limit will maintain a negative 0.25 percent. According to Fars News Agency quoted the French, adopted a negative interest rate in the Swedish economy is unprecedented evaluation. However that is forecast economic growth this year and in Sweden until the end of 2010 to increase. Other neighboring countries such as Norway and central Europe also reduced policy interest rates will continue. Central Bank of Sweden called Ryks bank said in a statement, signs of improving economic conditions there, but economic growth and prosperity is very quiet and does. Negative interest rate policies to encourage banks to grant more loans to customers will be otherwise commercial banks by the Central Bank of Sweden, the country will be fine. Stephen Ayngvs Sweden Central Bank President emphasized, it is better that the Swedish banks instead rely on monetary resources to be a little more active. Of course, interest rates and negative interest rates in Sweden, more a symbolic act to help increase economic growth and prosperity is. Lars Svensson of the Swedish central bank deputy asserted in global economic and financial crisis, interest rate policy of negative is not something unusual and strange. Central banks around the world since late 2007 several interest rates have reduced their typical of the U.S. and Europe Union. The fact that interest rates in most countries is close to zero, governments billions of dollars to their banking and financial system have been injected. Mrvyn King Bank of England head model, while in Sweden said the British economy, I am opposed to negative interest rates in the economy I am British. Swedish central bank action to pressure on commercial banks for lending has increased. Are forecast economic growth of Sweden this year and 4.9 percent decrease the year 2009 this figure to 1 positive. Will be 9 percent.
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