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Swedish central bank uses negative interest rates to avoid deflation

Geoff Riley

16th February 2015

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The world's oldest central bank (the Swedish Riksbank) has chosen to move their policy interest rate into negative territory as part of a plan to avoid the Swedish economy falling into persistent deflation.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.